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Search found 2 matches

by moonchild
23 Sep 2016, 18:12
Forum: Sage 50 UK version General Help
Topic: Over claimed VAT on vehicle leases
Replies: 2
Views: 2642

Re: Over claimed VAT on vehicle leases

Awesome, thanks for the help Bruce... much appreciated!
by moonchild
22 Sep 2016, 18:54
Forum: Sage 50 UK version General Help
Topic: Over claimed VAT on vehicle leases
Replies: 2
Views: 2642

Over claimed VAT on vehicle leases

Hi, we have accidentally claimed input VAT of 100% on leased vehicle payments for over two years!

I understand that vehicles which are used for business and personal can only have 50% of the VAT reclaimed.

How do I best fix this?

To be clear this is on multiple vehicles for nearly 2 years with ...