Claiming back VAT on cars is one of those areas where a simple question quickly turns into a very awkward VAT question. You buy a car for the business. You are VAT registered. VAT appears on the invoice. Surely you can claim it back? Not necessarily. The general rule...
Claiming VAT on cars is the title of this week’s video. So if you’re buying a car, it can be difficult to know what the rules are around VAT. Moreover, can you reclaim the VAT ? Above all are you struggling to recover VAT on your car purchase? If you’re like most...
VAT responsibilities begin when your business becomes VAT registered. You are no longer just selling goods or services. You are also collecting VAT for HMRC, charging the right rate, keeping proper records, checking supplier invoices, dealing with reverse charge VAT...
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