Automotive

Whilst vans enjoy favourable benefit in kind treatment, what you think is a van may be a car for tax purposes. Tessa discusses HMRC guidance for double cab pick-ups and combi vans.

VAT is an increasingly complex tax, particularly in the motor trade where mistakes can be costly due to the high unit values involved. HMRC continue to target motor dealers using specially trained officers, so it’s always worth reviewing your VAT accounting.