Quote:
Originally Posted by Stevie R
And in a professional capacity Tesco R,
Why on a P11D expenses form
do I pay full whack on a 5 year old car?
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Sorry, I can't help as I was a VAT inspector and at the time HM Customs and Revenue did not exist. for VAT purposes you would only be required to declare sales VAT on an old car if it had been wholly used as part of your business i.e. a taxi for example. As a former VAT inspector I don't even know what a P11D is.