Exactly, 20% of whatever AP you have to pay. Anything ordered after 1st July will consist of AP +20% VAT, however Motability claim that their changes should minimise the impact of the tax cost.
I wonder if IPT will form part of the advertised AP and therefore will be subject to further tax, when VAT is added.
or
It will be added afterwards in conjunction with VAT, thereby adding an additional 32% ontop of the AP
or
Its buried somewhere and we don’t know if were paying VAT on it.
or We assume the advertised AP, has been adjusted correctly to include IPT, in a way it won’t be subject to further VAT.
???