VAT rules for cars used in your business are notoriously strict. However, for some types of car-related expenditure they are surprisingly generous. What are they and how can you take maximum
advantage of them?
Published 18.04.2018
While generally you don’t permit your employees to use their company vans for private journeys, you allow some leeway while they are working on site. Does this affect the VAT you can reclaim on the
cost of the vehicle?
Published 08.05.2022
If your business pays for road fuel, it can recover the VAT element relating to business use. There are different methods for working out the amount reclaimable. Which is the best for your business?
Published 06.03.2023
With a few exceptions, reclaiming VAT paid on the purchase of a car is notoriously difficult. By comparison, the VAT position for leasing and similar contracts is more relaxed, but what exactly are
you entitled to reclaim?
Published 02.10.2019
In 2011 HMRC changed its guidance on how much pre-registration VAT businesses can reclaim. However, in November 2016 it issued a statement saying its revised guidance was wrong. What’s the position
now?
Published 09.01.2017
During routine records checks HMRC first looks for mistakes which businesses commonly make. One target area is the VAT treatment of travel expenses. What should you be checking to ensure your VAT
returns are correct?
Published 19.05.2022
Since April 2013 unincorporated businesses can claim simplified deductions for motor expenses. Companies could already claim these indirectly. As a result, some businesses have been losing out on
VAT. What should you be claiming?
Published 05.03.2014
HMRC’s policy on reclaiming VAT on the cost of company paid-for mobiles and IT equipment used by directors and employees at home is potentially generous. What are the rules and how can you take best
advantage of them?
Published 20.03.2014
Businesses which lease or hire cars have been allowed to reclaim 50% of the VAT they pay. But this tax break was due to end recently, so where do you stand now?
Published 19.01.2011
If your business pays for fuel for work and private journeys, there are different methods to work out the VAT reclaimable. There are further complications if your business is partially exempt. Which
method should you use to maximise your claim?
Published 27.11.2019