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vat registration and new vehicle?
manhattan
Posts: 1,461 Forumite
hello there,
im in the process of starting my own small business.
basically it is going to be a partnership and will be funded by savings.
i am actually looking to buy or lease a van(not sure which would be the best option?) something like a vauxhall vivaro and was wondering if i would need to be vat registered before i purchase anything for the company to be able to claim vat back on any items?
or can i buy now register later then claim back vat?
any other help or info on this or anything else would be of great help.
thanks paul.
im in the process of starting my own small business.
basically it is going to be a partnership and will be funded by savings.
i am actually looking to buy or lease a van(not sure which would be the best option?) something like a vauxhall vivaro and was wondering if i would need to be vat registered before i purchase anything for the company to be able to claim vat back on any items?
or can i buy now register later then claim back vat?
any other help or info on this or anything else would be of great help.
thanks paul.
0
Comments
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not 100% sure, you can claim VAT on a car (vehicle) but you may be able to claim capital allowances.
speak to your local tax office"enough is a feast"...old Buddist proverb0
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