VAT on PETROL
r30hul
Registered Posts: 14 New contributor 🐸
Hi Guys
Just to confirm that VAT on petrol if the company is a car rentals/ car sales company is claimable? or would you have to reclaim the scale charge?
Thanks
Just to confirm that VAT on petrol if the company is a car rentals/ car sales company is claimable? or would you have to reclaim the scale charge?
Thanks
0
Comments
-
If you are in a business and have to spend mpmey on petrol (business expense) you can relaim vat on the business expense.
Scale charge
The principle of the scale charge is that an enployee of a company who is using a company car to travel to and from home, it is not a business expense.
On that portion of the expense the company can not claim the vat.
I can not see the connection between the scale charge and the vat on the petrol expense for business car rentals/car sales.0
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