Anyone else know about the VAT treatment on an electric car with an element of Personal use?
My accountant has told me that if I purchase/Hire Purchase the car then I am unable to claim any of the input VAT. However on leasing I am able to claim back 50% of the input vat on the car and 100% on any maintnenece agreements.
Anyone else come across this question recently?
My accountant has told me that if I purchase/Hire Purchase the car then I am unable to claim any of the input VAT. However on leasing I am able to claim back 50% of the input vat on the car and 100% on any maintnenece agreements.
Anyone else come across this question recently?