VAT on Light Goods Vehicles

[NicTheOrange90]

If a private person has a defender which is classed as LGV (light commercial), do they have to pay VAT when they sell it ? (on the basis that they are not VAT registered...

[Br00n1e]

no you need to be VAT registered

[MINESAPINT]

Nic,

Not quite sure I understand what you are asking.

I am VAT registered and when I buy a qualifying vehicle such as a Defender Hard Top (VAN) I claim the VAT back. When I sell that vehicle I charge VAT on the sale.

If I was not VAT registered I would not be able to claim the VAT back on the vehicle when purchased and would not charge VAT on it when I sell it.

Does this clear anything up?

MINESAPINT

[lrfarmer]

hi

if a non vat registered person buys a car and pays vat,

when sead person sell the car dose not add vat

if a vat registered person buys a car and pays vat,

when sead person sell the person must add vat to the final price.

if a vat registered person buys a car from a non vat registered person

when sead person sells the car thay must add vat to the final price.

most cars are not vat able. but land rovers, hard tops, pickups, 110 csw can all attract vat if being sold my some one who is vat registered.

i hope this helps

Tim

[MINESAPINT]

I think in fact most or all cars are vatable but this is only an issue if the car qualifies as a commercial vehicle, in which case a vat registered person can claim the vat back ie a van and that the purchaser/seller is VAT registered.

MINESAPINT

[Top90]

If a private person has a defender which is classed as LGV (light commercial), do they have to pay VAT when they sell it ? (on the basis that they are not VAT registered...

As a private person you did not reclaim the VAT when you bought it, so you don't charge VAT when you sell it.