VAT

Why Some Vans Have No VAT: Explained

Buyer's Guide | 01/05/2024 12:42, by Edward Hillier

We clarify why some used vans are exempt from Value Added Tax (VAT) and highlight the financial advantages for buyers, particularly those who are not VAT-registered. This exemption allows purchasers to avoid the standard 20% tax, resulting in substantial savings on their acquisitions.

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Understanding the Financial Side: VAT, Deposits, and Monthly Payments in Van Financing

Van Finance | 19/03/2024 08:34, by Edward Hillier

This blog explains how a VAT-registered business can reclaim VAT on a financed commercial vehicle, the impact of the deposit on monthly payments, and how the total cost of financing includes the vehicle's purchase price, interest, and any additional fees. 

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