VAT incurred on personalised number plates may be recoverable when the number plate is bought for the purposes of the business. For commentary on business purpose, see ¶19-020. HMRC generally take the view that the purchase is made for private reasons. However, they acknowledge that there may be instances where the business purpose test is passed. Each case should be considered on its merits.

Want to read more?

This content requires a Croner-i Tax and Accounting subscription.

Existing subscriber? Log in

No subscription?

Contact us to discuss your requirements.