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danthedriver

Reclaiming VAT as self employed??

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You may also be able to claim all the VAT on a new car if it’s mainly used:

  • as a taxi
  • for driving instruction 

  • for self-drive hire

We as PVH, if you start working for yourself, you’re classed as a self-employed sole trader

You must also register for VAT if you expect your takings to be more than £82,000 a year.

You can usually reclaim the VAT paid on goods and services purchased for use in your business.

MOre info:

https://www.gov.uk/reclaim-vat/cars

 

Is it possible???

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Yes, but you have to be VAT registered, which means giving 20% of your earnings to the tax man.

 

Now,since Uber don't give you a VAT invoice, you're unable to claim that back. 

 

It's only worth, in my opinion, being VAT registered (even voluntarily if you're under the £82,000/year threshold), if you can bill  your clients/companies with a VAT invoice, where you claim it back, and do litle/no work for Uber. 

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