accountant needed with knowledge of mileage scheme

You can only use it if your turnover is less than the current VAT registration threshold OR if you’re a business paying your employees for the use of their own vehicles.
 

Posted under Courier Financial Issues

Posted by Alec at 1:03 pm, September 18, 2007

1 Comment so far

  1. The VAT registration threshold’s about £64,000 I think. It’s also worth mentioning that you can only start using the scheme when you acquire a vehicle (or when you start your business) and you can only leave the scheme once you replace the vehicle – even if you’ve gone over the VAT registration threshold in the meantime.

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