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What do I need to claim back UK VAT on new car?

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Comments

  • #32
    Apple Orange
    Registered Users, Registered Users 2 Posts: 271 ✭✭Apple Orange


    Believe it or not I contacted them about that very car! There was no moving them from a bottom price of 23 and a half, since it was already reduced.

    Didn't want a demo either, and mine has upgraded alloys, which cost £785 extra!

    And I actually haven't had any hassle up til now with the whole thing, hopefully this will sort itself out fairly rapidly too! Once it does I'll be happy enough it worth my while!! :):)


  • #33
    drunkmonkey
    Registered Users, Registered Users 2 Posts: 28,501 ✭✭✭✭drunkmonkey


    Saab Ed wrote: »
    The irish VAT must then be paid and if you are VAT reged it can then be reclaimed again from the Irish revenue. !

    I must be picking you up wrong, so if i'm vat registered in Ireland I can buy a new car and claim back the vat? I use the car for personal use as well as commerical.


  • #34
    mickdw
    Registered Users, Registered Users 2 Posts: 23,999 ✭✭✭✭mickdw


    drunkmonkey wrote: »
    I must be picking you up wrong, so if i'm vat registered in Ireland I can buy a new car and claim back the vat? I use the car for personal use as well as commerical.
    It has to be a commercial vehicle As far as I know but yes you can claim the VAT back.
    The flip side of this though is when you go on to sell the commercial vehicle, your selling price will be including VAT so you will have to return the VAT part of the price to the revenue. If the vehicle is a few years old, it would be a tiny figure though. This means you cannot simple buy a jeep, claim the VAT back and then sell it off for cash to a private buyer to make a profit from the VAT transaction.


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