When is a car not a car? (no joke, it’s a pertinent tax point!)

17 December 2012

When its a van! It’s not usually tricky to know your cars from your vans, but there are a few vehicles on the market which seem to blur the line – and the difference is actually important as your company cannot reclaim VAT on a company car but it can do so on a van or other commercial vehicle.

HMRC have recently updated their list of vehicles they will accept as vans – and here it is to check so that you don’t miss out on a potential VAT claim: HMRC guidance on cars and vans