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In article , (Roland Perry) wrote: In message , at 09:06:16 on Wed, 24 Jul 2013, Adrian remarked: And unless there are lots of bikes costing £5k, then the majority of drivers paid more VAT than the cyclists, when the items were new. I'd suggest that the vast majority of drivers paid no VAT at all on their cars. I've certainly never paid VAT on a car purchase - and I've had several brand new cars. How did you manage that? That was puzzling me too. I have never paid VAT on a car but then I have never bought a new car in nearly 40 years. Have you never bought a second-hand car from a dealer? |
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In article
, (Recliner) wrote: wrote: In article , (Roland Perry) wrote: In message , at 09:06:16 on Wed, 24 Jul 2013, Adrian remarked: And unless there are lots of bikes costing £5k, then the majority of drivers paid more VAT than the cyclists, when the items were new. I'd suggest that the vast majority of drivers paid no VAT at all on their cars. I've certainly never paid VAT on a car purchase - and I've had several brand new cars. How did you manage that? That was puzzling me too. I have never paid VAT on a car but then I have never bought a new car in nearly 40 years. Have you never bought a second-hand car from a dealer? No, come to think of it. -- Colin Rosenstiel |
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the vehicle: VAT is not paid on exports. The other is to be VAT registered which enables you to offset all the VAT you have paid in a tax year against the VAT you have received from your customers/clients etc. |
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In message
, at 15:23:58 on Wed, 24 Jul 2013, Recliner remarked: And unless there are lots of bikes costing £5k, then the majority of drivers paid more VAT than the cyclists, when the items were new. I'd suggest that the vast majority of drivers paid no VAT at all on their cars. I've certainly never paid VAT on a car purchase - and I've had several brand new cars. How did you manage that? That was puzzling me too. I have never paid VAT on a car but then I have never bought a new car in nearly 40 years. Have you never bought a second-hand car from a dealer? Irrespective of where bought, the price of a secondhand car will include an element of 'handing down' a portion of the VAT paid when it was new. -- Roland Perry |
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Roland Perry wrote:
In message , at 15:23:58 on Wed, 24 Jul 2013, Recliner remarked: And unless there are lots of bikes costing £5k, then the majority of drivers paid more VAT than the cyclists, when the items were new. I'd suggest that the vast majority of drivers paid no VAT at all on their cars. I've certainly never paid VAT on a car purchase - and I've had several brand new cars. How did you manage that? That was puzzling me too. I have never paid VAT on a car but then I have never bought a new car in nearly 40 years. Have you never bought a second-hand car from a dealer? Irrespective of where bought, the price of a secondhand car will include an element of 'handing down' a portion of the VAT paid when it was new. Indeed, and in a sense, the second-hand price will reflect the current 20% VAT rate, not the possibly lower rate levied on the car when t was new. |
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In message , at 06:51:19 on Thu, 25
Jul 2013, Robin9 remarked: And unless there are lots of bikes costing £5k, then the majority of drivers paid more VAT than the cyclists, when the items were new.- I'd suggest that the vast majority of drivers paid no VAT at all on their cars. I've certainly never paid VAT on a car purchase - and I've had several brand new cars.- How did you manage that? As far as I know, there are two ways of doing that legally. One is to export the vehicle: VAT is not paid on exports. The other is to be VAT registered which enables you to offset all the VAT you have paid in a tax year against the VAT you have received from your customers/clients etc. "When you buy a car you generally can't reclaim the VAT." http://www.hmrc.gov.uk/vat/managing/...g/motoring.htm Perhaps the OP runs a driving school, in which case his comment wasn't very useful to the rest of us. -- Roland Perry |
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On Wed, 24 Jul 2013 14:25:04 -0500
wrote: In article , d () wrote: Don't start the silly semantics ******** about road tax vs road fund license. You have no choice than to pay it if you want to use your vehicle on the road , ergo its a tax regardless of what cuddly fluffy name it currently has. There hasn't been any road fund licence for decades either. The renewal reminder sitting in front of me says "tax disc". Let me know when you're finished playing semantics there's a good chap. I am fed up with potato heads assuming that cyclists don't also pay car taxes. I don't give a flying **** if you already pay for a car. You DONT pay for your bike. Perhaps I should use that same logic with the DVLA - "Hey, I already pay for one car, why should I have to pay for the other, I can only drive one at a time!" You moron. -- Spud |
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