We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
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
-
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
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247K Work, Benefits & Business
- 603.6K Mortgages, Homes & Bills
- 178.3K Life & Family
- 261.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards