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Good day, @absolutegardenro.
Thanks for posting your concern in QuickBooks Community. Let me answer this query for you.
You can reclaim all the VAT on a car if you use it only for business. This must not be available for private use which includes traveling between home and work. Not unless you're using it in a temporary place of work.
However, you may be able to claim all the VAT on a new car if it’s mainly used:
In case you lease a car, you can usually claim 50% of the VAT. You may be able to reclaim all the VAT if the car is used for business purposes only.
For more details, you can check out this link: https://www.gov.uk/reclaim-vat/cars.
I've also included this article as an additional reference you use in handling VAT concerns in QuickBooks: VAT: Getting started.
Please know that our doors are always open to help you with any QuickBooks-related concerns. Take care and enjoy the day!
Good day, @absolutegardenro.
Thanks for posting your concern in QuickBooks Community. Let me answer this query for you.
You can reclaim all the VAT on a car if you use it only for business. This must not be available for private use which includes traveling between home and work. Not unless you're using it in a temporary place of work.
However, you may be able to claim all the VAT on a new car if it’s mainly used:
In case you lease a car, you can usually claim 50% of the VAT. You may be able to reclaim all the VAT if the car is used for business purposes only.
For more details, you can check out this link: https://www.gov.uk/reclaim-vat/cars.
I've also included this article as an additional reference you use in handling VAT concerns in QuickBooks: VAT: Getting started.
Please know that our doors are always open to help you with any QuickBooks-related concerns. Take care and enjoy the day!
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