Crosswords1 min ago
vat increase - can i avoid it?
2 Answers
hi, i have got a car on one of those personal plans which will finish in march next year. I am going to order a new one this december and put a deposit down.. the car won't arrive till next march so can i avoid the VAT increase by ordering it before Jan?
Answers
1 to 2 of 2
Best Answer
No best answer has yet been selected by bednobs. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.
-- answer removed --
No.
And I'd be surprised if they actually let you start a new plan before finishing the old one. Even if they did the payments are assessed individually for VAT not based on the start date. The period from January 4th would still be 20%.
If the deposit is termed a separate element of the payments then you might, as Eddie says, avoid VAT on that part.
And I'd be surprised if they actually let you start a new plan before finishing the old one. Even if they did the payments are assessed individually for VAT not based on the start date. The period from January 4th would still be 20%.
If the deposit is termed a separate element of the payments then you might, as Eddie says, avoid VAT on that part.
1 to 2 of 2
Latest Posts
Body & Soul3 mins ago
Are Labour Preparing To Dump The P M ?
News4 mins ago
Crosswords6 mins ago
Body & Soul6 mins ago
Related Questions
Sorry, we can't find any related questions. Try using the search bar at the top of the page to search for some keywords, or choose a topic and submit your own question.