VAT qualifying vehicle

D14

Member
Aside from the fact you need to recharge vat when you sell it are there any other negatives to buying a vat qualifying car and then claiming it back legitimately.
 

Johnnyboxer

Member
Location
Yorkshire
Aside from the fact you need to recharge vat when you sell it are there any other negatives to buying a vat qualifying car and then claiming it back legitimately.

You can only do it via a Lease, normally and only 50% of the vat cost

Legitimately?

There are a few strict rules

Opinion here


HMRC rules

 
Last edited:

ewald

Member
Arable Farmer
Location
Mid-Lincs
I have done it on vans - Berlingo - with no problems
Seems more worthwhile if you keep them until the resale value is low - less vat to charge the next (usually non vat registered) buyer
 

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