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Car allowance - claim vat back?
Steak_boy_19
Posts: 2 Newbie
Apologies if this is in the wrong section.....
looking for a clear answer as i’ve found conflicting answers.
i get a car allowance through my job (i am NOT self employed). i get the allowance in my monthly salary and this is taxed as normal.
looking for a clear answer as i’ve found conflicting answers.
i get a car allowance through my job (i am NOT self employed). i get the allowance in my monthly salary and this is taxed as normal.
I lease a car as a personal car so i pay vat on the monthly lease also.
i probably do about 25k miles a year and i’d say less than 10/15% of that is personal mileage. I’ve been told i can claim some of the vat back on insurance and lease costs as the vehicle is mainly used for business purposes. I can’t find a definitive answer! Any help?
note, my company pay for the diesel and as i log mileage i get charged the personal mileage, so not worried about petrol/diesel vat claims etc.
i probably do about 25k miles a year and i’d say less than 10/15% of that is personal mileage. I’ve been told i can claim some of the vat back on insurance and lease costs as the vehicle is mainly used for business purposes. I can’t find a definitive answer! Any help?
note, my company pay for the diesel and as i log mileage i get charged the personal mileage, so not worried about petrol/diesel vat claims etc.
Thanks in advance all.
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Comments
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"Apologies if this is in the wrong section....."
Try the cutting tax forum and the employment forum, rather than the benefits board.
https://forums.moneysavingexpert.com/categories/cutting-tax
Alice Holt Forest situated some 4 miles south of Farnham forms the most northerly gateway to the South Downs National Park.0 -
I’ve been told i can claim some of the vat back on insurance and lease costs as the vehicle is mainly used for business purposes. I can’t find a definitive answer! Any help?
Why aren't you asking the person who told you this???
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