Blog
Posted March 13, 2020
How to claim VAT back from Electric Cars
An electric car is no different from any other car purchase made through a company, therefore you can’t claim the VAT back on the purchase of the car. The exception is if the car is used 100% for business, which would generally mean that you are a car leasing company.
If you are unsure how to deal with this, or any other transactions our Bookkeeping Service can take care of this for you: Bookkeeping – Whitesides Chartered Accountants
Here is a link to the Gov. guidance on electric vehicles: Electric vehicles: costs, charging and infrastructure – GOV.UK
SERVICES
LATEST NEWS
Filing your first tax return can feel like navigating uncharted territory. Whether you’ve recently become self-employed, started earning additional income, or…
Introduction As your business grows from a solo operation to a small team with employees, tracking your financial performance becomes increasingly…
Introduction Your tax code may look like a random assortment of numbers and letters, but it significantly impacts how much tax…
CATEGORIES
- Blog (132)
- Business Advice (45)
- Just For Fun (16)
- Tax Tips (26)
- Video (8)
