Budgets & Other

Q. I am about to sell a trailer that has been used by my VAT registered business for a few years. Do I have to add VAT to the price? A. As your business is VAT registered you must add VAT to anything you sell, whether it's...

Q. I'm a driving instructor and operate through a limited company. The Taxman wants to tax me for using my instruction car and fuel as a taxable car benefit. I don't think that's fair as the car is necessary for my business. Is he right?

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