Commentary

BB/1B/98 VAT changes to fleet leasing bonuses

Part V16 Forms and other HMRC material

BB/1B/98 VAT changes to fleet leasing bonuses

BB/1B/98 VAT changes to fleet leasing bonuses

Business Brief, Issue 1. 7 January 1998

This Business Brief explains a change in Customs and Excise's approach to the treatment of “fleet leasing bonus” payments—also known as fleet support payments.

Background

A “fleet leasing bonus” is a payment made by a car manufacturer or dealer to a business who has leased a number of vehicles previously sold by the manufacturer or dealer to intermediaries. In the past it has been common practice to treat the bonus payment as the consideration for a supply of services by the customer, so VAT was due from the customer

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