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.
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.
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.....