How Are Large Van Dealers Selling Without VAT ?
How Are Large Van Dealers Selling Without VAT ?
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V8RX7

Original Poster:

28,982 posts

292 months

Wednesday 16th October 2019
quotequote all
I'm looking for a pick up and have noticed several van dealers are selling most / all their stock without adding VAT.

They are easily selling over £85k / yr

Here is one example

https://www.bmrange.co.uk/resultsvan.php

ralphrj

4,078 posts

220 months

Wednesday 16th October 2019
quotequote all
V8RX7 said:
I'm looking for a pick up and have noticed several van dealers are selling most / all their stock without adding VAT.

They are easily selling over £85k / yr

Here is one example

https://www.bmrange.co.uk/resultsvan.php
VAT is only charged on secondhand vehicles if every previous owner recovered the VAT on the purchase and paid it on the sale. If any of the previous owners were not VAT registered then no VAT will be charged to the next buyer. The dealer will pay VAT on the margin on the vehicle.

codenamecueball

734 posts

118 months

Wednesday 16th October 2019
quotequote all
I'd be more annoyed they're badly spraypainting every wheel silver.