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FYI - VAT Increase Jan 1st

Discussion in 'General Automotive Chat' started by MattW, Oct 29, 2009.

  1. MattW
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    MattW Reverse

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    [Oct 29, 2009]
    I have been sent some info regarding the VAT increase. The full article is linked below however what is interesting is the following statement:

    You sell a car for £20,000, but delivery is after the rate change. If the invoice is dated 31st December 2009 and the customer pays within 6 months, then VAT is due at 15%. Of course if he actually pays in full for the car before January 1st, VAT of 15% is payable, irrespective of delivery or invoice date.

    http://www.contractoruk.com/004618.html
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  3. dc240969
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    dc240969 Member

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    [Oct 29, 2009]
    Thanks for this. Going by your sig youve had a few motors. Whats the S3 like compared to the evo and scooby. As you have a 3 just now l would say its good.
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  4. MattW
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    MattW Reverse

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    [Oct 29, 2009]
    Hi the S3 went in May, just before I ordered the S4. TBH I loved it, did everything the Imprezas do with more comfort. The Evo was different, that was much more hardcore and can't be compared.
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