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private sellers want VAT on van sale

earlsgate · 2018-11-08 14:11:15

hi having filtered out trade sellers I am still seeing quite a few ads looking for VAT on their van sales Presumably the van never paid its tax, having been purchased for a business, so now that its passing into private hands this needs to be collected. fair enough but how do I know this is actually the case and that any…

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Nodding_Donkey Posts: 2,738 Forumite

9 November 2018 at 3:23AM

AdrianC wrote: »

That's a lifetime thing - as soon as the "VAT qualifying" chain is broken, that vehicle is never VAT qualifying again. If a VAT-registered buyer buys it, there's no VAT to reclaim, and they can't charge it on sale.

Another school day on here, thanks Adrian

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private sellers want VAT on van sale

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