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    Value added tax - Input tax - Input tax - Blocked input tax - Cars - 79200

    The availability of an input tax deduction on the acquisition, or hiring, of cars is very restricted. It is therefore vital to know whether a particular vehicle is a car, as defined by the VAT provisions,...

    EU agrees UK’s concession for leased cars

    EU agrees UK’s concession for leased cars..VAT concession. In November 2019 the EU confirmed that the UK can continue its practice of allowing businesses to reclaim 50% of the VAT they pay...

    Dodging the VAT block on cars

    HMRC takes a very tough line when enforcing the rules which prevent businesses reclaiming VAT paid on car purchases. So how was one company able to get around them and could you do the same?

    Car leasing - how much VAT can you reclaim?

    With a few exceptions, reclaiming VAT paid on the purchase of a car is notoriously difficult. By comparison, the VAT position for leasing and similar contracts is more relaxed, but what exactly...

    New VAT rules for personal contract purchases

    New VAT rules for personal contract purchases..Personal contract purchases. Following a ruling by the Court of Justice of the European Union, HMRC has issued new guidance on the VAT treatment...

    Maximising VAT recovery on motoring costs

    It’s not well known, but employers can reclaim VAT on more than just the fuel element of the mileage allowances paid to their workers. What’s involved?

    Reclaiming VAT when buying new cars

    Your client has purchased a new car for his business and wants to reclaim the VAT. You initially thought it wasn’t possible. However, a couple of tribunal cases have made it clearer when VAT...

    When can you reclaim VAT on the purchase of a car?

    The First-tier Tribunal (FTT) ruled in favour of a business which reclaimed VAT on the cost of several company cars. How was the company able to defeat HMRC’s usually watertight rules and can...

    Is it a van or a car?

    A VAT-registered client can usually claim back the VAT on a van but not on a car. But which vehicles does HMRC accept are vans?

    Reclaiming VAT on company cars

    A friend told you that HMRC allowed him to reclaim VAT on his new car because it’s used wholly for business travel. Your company owns a car that’s used almost entirely for work; does this...