December 30, 2024 at 5:37 pm
#295485
If AP’s go towards £2000 we’ll just buy a new Tesla VAT free and keep it 7 years.
I didn’t realise you can buy a car privately vat free? This pups be a great option in the future
The criteria for VAT exemption is very strict. It only applies to brand new cars, you have to have permanent adaptations fitted prior to registration and you always had to be a wheelchair user. Criteria may have changed, as they tightened up on it as some people were buying VAT free and then selling at a profit. The info can be found on the HMRC website.