HMRC’s list of car derived vans and combi-vans

HMRC’s list of car derived vans and combi-vans HMRC has published a list of car derived vans and combi-vans in PDF format. The list indicates whether the vehicle is a car or a van. Input tax on cars bought by a business that will be available for private motoring is unrecoverable. … [Read more...]

Can you reclaim the VAT on a new car?

I was ‘talking’ via a social networking website with a friend recently and the conversation turned to business. May friend asked, “Might I trouble you with a swift VAT query?” and continued “I'm about to buy a car through the company, to use up some excess cash and reduce my Corporation Tax bill, and I was vaguely wondering if there were any … [Read more...]

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