HMRC change VAT treatment for PCP

[ShahGQV]

Any tax gurus who can translate the link below in terms of implications for private buyers for PCP deals signed to be signed

https://www.accountancydaily.co/changes-vat-treatm...

Edited by ShahGQV on Monday 4th March 18:24

[reggie747]

Not a guru but you'll probably end up worse off...

[TNJ]

I guess it means that GFV may be set lower which means monthlies would go up - although I am sure the manufacturers will find a way around this as they won’t want to hurt PCP sales