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VAT on car repairs
DoubleEntry
Posts: 78 Forumite
Hi All
I'm currently registered as self employed with HMRC and voluntarily VAT registered. (all my business is with companies)
I just use the 45p/mile for my travel and I understand that this covers maintenence (I claim VAT on the fuel element) , but I've just had a heafty £2.5k bill for a gearbox.
My question is can I reclaim the VAT on this bill?
TIA
I'm currently registered as self employed with HMRC and voluntarily VAT registered. (all my business is with companies)
I just use the 45p/mile for my travel and I understand that this covers maintenence (I claim VAT on the fuel element) , but I've just had a heafty £2.5k bill for a gearbox.
My question is can I reclaim the VAT on this bill?
TIA
0
Comments
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As far as I know you cannot claim any other expenses for your car when you claim 45p/mile. If you want to claim back the VAT on the gearbox you have to change to accounting for all expenses on your car (petrol/insurance/maintenance etc) and dividing it between business and personal use.0
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