Input VAT was reclaimable against the purchase of motor vehicles. A change in regulations for hiring out afterwards was effective even though the scheme was artificially complicated since the hire was not to take place before date of change.
Citations:
Times 04-Dec-1998
Statutes:
VAT (Input Tax) Order 1997 art 7
Jurisdiction:
England and Wales
VAT
Updated: 27 November 2022; Ref: scu.78715
