We often get asked about whether or not VAT can be reclaimed on the purchase of a car for business. In almost all cases, the answer to this is no. This post highlights the exceptions and practical points where a reclaim may be successful.
It isn’t so commonly known that employees are able to claim tax relief on work related expenses. These are expenses that are incurred for work purposes and are not reimbursed by the employer. To get tax relief on these expenses a claim must be submitted to HMRC. This can be done using form P87.