Folks,
Is there VAT on Road Tax?
How do I keep my accountant/VAT man happy by providing the right documents, and how can I get hold of them? I piad at the local Post Office this morning, and they were not particularly helpful or knowledgable. I did manage to negociate (!) a VAT number from them, but VAT breakdown was not shown.
Rather than wading through some cumbersome government site, can anyone give a quick answer?
Thanks very much.
rg
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The published rates of vehicle excise duty are the same as the cost of the relevant tax disc. It follows that there is no VAT on VED.
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Surely, if there was, that would be a tax on a tax. Now don't go giving Gordon Brown any ideas !
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Regarding the above comment on tax on a tax. I believe there is already a tax on a tax. It's a couple of the taxes you pay if you buy a new car.
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Many examples of tax on tax (on tax).
Best one is purchase item, plus local taxes (if any) plus carriage plus customs duties on all costs to that point plus VAT on the lot...
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Many examples of tax on tax (on tax). Best one is purchase item, plus local taxes (if any) plus carriage plus customs duties on all costs to that point plus VAT on the lot...
Plus the tax you had to pay on your income in order to buy the item.....
Ok, original question answered and no discerible motoring link in any of the other posts so......
Thread locked.
No Dosh
mailto:Alan_moderator@honestjohn.co.uk
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