Milton Berle
“We owe a lot to Thomas Edison – if it wasn’t for him, we’d be watching television by candlelight.” Milton Berle
17 April 2026
Reclaiming VAT on Company Cars
Generally, VAT recovery on the purchase of a motor car is wholly blocked. To recover VAT, the vehicle must be used exclusively for business purposes and not be ‘available for private use’. If the company leases the car, the ‘block’ can be reduced, and partial recovery is possible. A standard 50% block applies to the
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The Marshmallow Saga
Every week, we take a look at what is trending in the accountancy and tax press and share items that we think will interest you. However, these are only outlines and where they relate to tax planning should not be acted upon without looking into them more completely, as everyone’s circumstances are particular to them.
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Buying Growth
One of the ways you can accelerate the growth of your business is to buy another business that someone else has already grown. It will cost you money, but it will accelerate the development of your own enterprise. Buying another business is not for the faint-hearted, and the path can be a minefield. We have
