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Selling a car on finance??

Old Jun 22, 2001 | 01:33 PM
  #31  
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gareth
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Sorry to go on, but another question...

Just wondered how the VAT would work. I've been reclaiming 50% of the VAT on the monthly rentals. Seem to remember being told I can't reclaim any of the VAT on the final payment.

If the dealer settles with the finance co, who pays the VAT and what is reclaimable???

Guess this is getting a bit boring...

G
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Old Jun 22, 2001 | 09:17 PM
  #32  
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ptholt
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can't help you there im affraid gareth, you've wandered into accounts ville

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Old Jun 24, 2001 | 10:45 PM
  #33  
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gareth
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Sure thing - kinda figured that myself...

Thnx anyway for the advice
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