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feeldavibe wrote:Thanks for the replies. My issue is this: Why are only vans and trucks considered for commercial use? If I were a small plumbing company for example, I have two AD Wagons with racks on the roof to carry small ladders and myself and my employee use these vehicles for our plumbing work. These vehicles aren't being used commercial? I must register them as private cars and pay tax on them? Doesn't make much sense to me.
I also heard that to register anything other than a van or truck T it needed to be in agriculture. SO according to the government, only agriculture could have company use vehicles that aren't vans? Seems stupid...
Dizzy28 wrote:feeldavibe wrote:Thanks for the replies. My issue is this: Why are only vans and trucks considered for commercial use? If I were a small plumbing company for example, I have two AD Wagons with racks on the roof to carry small ladders and myself and my employee use these vehicles for our plumbing work. These vehicles aren't being used commercial? I must register them as private cars and pay tax on them? Doesn't make much sense to me.
I also heard that to register anything other than a van or truck T it needed to be in agriculture. SO according to the government, only agriculture could have company use vehicles that aren't vans? Seems stupid...
If you are a small plumbing company even if the vehicles are P you can claim the VAT exemption on them once you are also VAT registered. And once you are completing proper financial statements you can also claim depreciation as an expense reducing your tax as well.
And to be honest once you get the VAT back how much is the remaining tax on the AD that you would get exempted for?
ole whore wrote:i have a subaru forester and its registered 'T' .
This was done because of transporting goods but mainly cause
registered businesses get tax exemption when registering vehicles as 'T'.
After a specific time frame and only change of ownership, can the vehicle be re-classified to private 'P'.
feeldavibe wrote:ole whore wrote:i have a subaru forester and its registered 'T' .
This was done because of transporting goods but mainly cause
registered businesses get tax exemption when registering vehicles as 'T'.
After a specific time frame and only change of ownership, can the vehicle be re-classified to private 'P'.
Are you allowed to have passengers in the back seats?
feeldavibe wrote:Thanks for the replies. My issue is this: Why are only vans and trucks considered for commercial use? If I were a small plumbing company for example, I have two AD Wagons with racks on the roof to carry small ladders and myself and my employee use these vehicles for our plumbing work. These vehicles aren't being used commercial? I must register them as private cars and pay tax on them? Doesn't make much sense to me.
I also heard that to register anything other than a van or truck T it needed to be in agriculture. SO according to the government, only agriculture could have company use vehicles that aren't vans? Seems stupid...
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