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#1 Thursday 16th July 2015 13:39:19

butt2
Verified Member
Registered: Wednesday 1st February 2006
Posts: 246

Monthly Car Lease and Fuel As Allowable Expense

Simple question.  Maybe?

Is the allowable expense for the above items excluding the VAT element?

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Thursday 16th July 2015 13:39:19

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Re: Monthly Car Lease and Fuel As Allowable Expense



#2 Thursday 16th July 2015 21:29:51

Triplea35
Verified Member
Registered: Friday 28th September 2012
Posts: 526

Re: Monthly Car Lease and Fuel As Allowable Expense

Unless you have a turnover in excess of £82000 you do not need to register for VAT. All claims for allowable expenses should include the VAT element you have been charged.

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