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Tag: vat back

VAT back on new motor vehicles

VAT back on new motor vehicles

VAT back on new motor vehicles Normally, there is no VAT that can be claimed back on new motor vehicles. However there is partial relief for certain qualifying vehicles as set out below Accountable persons can deduct up to 20% of the VAT incurred on the purchase, hiring, intra-Community acquisition or importation of certain qualifying…

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