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Old Aug 18th, 2005, 07:18 AM
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United-Kingdom Vat Qualifying?

Hello,

Quick Q!

If a dealer has Vat Qualifying against the price of a second hand MINI say 13,995 (VAT Qualifying) does that mean its 13,995 + VAT or is the 13,995 inclusive of VAT?

Many Thanks in advance
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Old Aug 18th, 2005, 07:21 AM
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Quote: Originally Posted by interceptor
Hello,

Quick Q!

If a dealer has Vat Qualifying against the price of a second hand MINI say 13,995 (VAT Qualifying) does that mean its 13,995 + VAT or is the 13,995 inclusive of VAT?

Many Thanks in advance

I would have thought the 13,995 would be including Vat.... I've seen a few of those advertised recently, not sure what the reason is as companies cant claim the Vat back or cars bought anyway
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Old Aug 20th, 2005, 07:03 PM
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If VAT qualifying the car can be Contract Hired within certain parameters.

As far as I understand a company can reclaim the VAT on a car if the vehicle is used only for company business i.e. no personal use and is used as a pool car i.e assigned to no one in particular. It would also have to stay at the business premises over night. The onus would always be with the company to prove that the car remains VAT qualifying.
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Old Aug 20th, 2005, 11:35 PM
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Ahhh right-Cool-So even though it syas VAT Qualifying that would also be the Cash price for say personal use (non business)?
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Old Aug 22nd, 2005, 10:44 AM
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VAT Qualifying as far as I know generally means the car has been a dealer demonstrator. Something to do with complex VAT rules as it means the car has never been owned by a private individual. If a car is owned privately the VAT chain ends. The price quoted will include VAT but a private buyer cannot reclaim VAT.
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Old Jun 15th, 2008, 10:21 AM
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vat qualifying

If a dealer is advertising a car as vat qualifying then the advertised price is inclusive of vat and on your receipt of payment for the car the vat content should be shown seperate
for example if the car is advertised for 11750 then the vat content is 1750 so the car is only 10000 If you are vat registered then you are able to claim the vat back also if you export the vehicle out of the uk you can also claim it back

Rob
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