The Book-keepers Forum (BKF)

Post Info TOPIC: Vat - company cars ??


Member

Status: Offline
Posts: 12
Date:
Vat - company cars ??


Hi
My client has purchased 3 company vehicles, one is a lease purchase and the other HP and one outright purchase through the company.
Can you please clarify the vat situation on each vehicle please, I have looked into this and i am getting a tad confused?
Many thanks,Rhodes.

__________________


Member

Status: Offline
Posts: 12
Date:

?



-- Edited by rhodes at 21:44, 2008-08-30

__________________


Senior Member

Status: Offline
Posts: 164
Date:

Hi there

Don't get too impatient if you don't get a response within 45 mins, let alone on a Saturday night!

Your thread title indicates the vehicles are cars.  Non-commercial vehicles (regardless of usage such as cars) are not VAT-Reclaimable so the full cost will be applied, regardless of how they're being paid for.

John Gesch
The Accountants Circle
Excel Templates | Wholesale Support Services | Accountant & Bookkeeper Blogs | Company Formations from £21!


__________________

John Gesch
The Accountants Circle
Online Tools & Excel Templates | Online Map Directory | Accountant & Bookkeeper Blogs



Member

Status: Offline
Posts: 12
Date:

Hi John,

Thank you for your reply it has been very helpful. The second post was an error on my behalf so I wasnt really being impatient but I can see how you thought that.....

Cheers, Rhodes.

__________________
Page 1 of 1  sorted by
 
Quick Reply

Please log in to post quick replies.

Tweet this page Post to Digg Post to Del.icio.us
Members Login
Username 
 
Password 
    Remember Me  
©2007-2024 The Book-keepers Forum (BKF). All Rights Reserved. The Book-keepers Forum (BKF) is a trading division of Bookcert Ltd. Registered in England Company Number 05782923. 2 Laurel House, 1 Station Rd, Worle, Weston-super-Mare, North Somerset, BS22 6AR, United Kingdom. The Book-keepers Forum and BKF are trademarks of Bookcert Ltd. This forum is a discussion forum only. There will usually be more than one opinion to any question and any posting should not be viewed as a definitive solution. No responsibility for loss occasioned to any person acting or refraining from action as a result of any posting on this site is accepted by the contributors or The Book-keepers Forum. In all cases, appropriate professional advice should be sought before making a decision. We reserve the right to remove any postings which are offensive, libellous, self-promoting or engaged in covert marketing. We will not notify users of removals. The views expressed in the forum posts are those of the individual and do not necessary reflect or agree with those of The Book-keepers Forum. Any offensive or unsuitable posts will be removed by the moderators. Any reader of this forum can request for a post to be looked into by sending an email to: bookcertltd@gmail.com.

Privacy & Cookie Policy  About