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Van Tax

Paxton Boy · 2014-04-19 19:02:53

Hi Folks, Need some help on the tax registered minefield on a car/van. Last year i purchased a Hyundai i30 pro van. My circumstances have now changed and i want to trade in for a new car. I taxed the van privately so didnt register as a company. The difference in the trade in value is huge, over 2000 euro !! Can anyone…

19-04-2014 7:02pm

#1

Paxton Boy

Registered Users, Registered Users 2 Posts: 21 ✭

Join Date: December 2011

Posts: 17

Hi Folks,

Need some help on the tax registered minefield on a car/van. Last year i purchased a Hyundai i30 pro van. My circumstances have now changed and i want to trade in for a new car. I taxed the van privately so didnt register as a company. The difference in the trade in value is huge, over 2000 euro !!
Can anyone explain to me why the vast difference please ?

Cheers

0

Comments

#2 19-04-2014 7:36pm

zambo

Registered Users, Registered Users 2 Posts: 148 ✭✭

Join Date: April 2010

Posts: 134

Hi
I think it is because if you sell it as a company the buyer can reclaim the vat but not when buying from an individual.
Yours Zambo

0