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NEIL WARREN and RICHARD CURTIS consider practical tax and VAT issues in relation to vehicles used by a business
KEY POINTS
- Can input VAT be claimed on the purchase of a vehicle?
- Motor expenses and the Lennartz principle.
- The difference between a car and a van.
- Capital allowances and the annual investment allowance.
- Employees’ cars and benefits in kind.
To quote Chris Tarrant on Who Wants to be a Millionaire?: the question is easy if you know the answer. In the world of tax and particularly VAT a question that might seem easy can sometimes have some interesting quirks and not be as easy as you think. 
In this article we are going to consider the VAT and tax issues of a very common situation regarding motor vehicles. The ‘challenge’ is as follows.
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