Van and VAT
JJH1969
Registered Posts: 110 Epic contributor 🐘
Can you reclaim 100% VAT on a van purchased by a sole trader under a lease agreement (VAT paid upfront) which will be used for private and business use?
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If this is a van, then why is there any private use. I would suggest that it should be all business and therefore all claimable.0
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There is private use as he is employed and self employed and he will be driving to his employed work in the van too.0
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In that case, you will need to discount the 'private use' element of the VAT.0
