Quote:
Originally Posted by Chris Harte
There is no VAT on the car... Well there is and there isn't.
VAT on a car is worked out on profit made by the dealer so you don't get directly charged VAT. Not going into detail as it will cause a riot.
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sorry but vat is paid in full on a new car
if retail is 11750 then 1750 is paid in vat to the goverment. buy it 6 months down the line and you loose that
vat is paid one vans etc the same but also if the company is vat registered then vat is paid when sold
just double checked with our NCS manager