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Company Vehicle Diesel Expenditure calculation?

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  • 13-01-2016 10:18pm
    #1
    Jesper
    Registered Users Posts: 814 ✭✭✭


    I have my own company. I've recently bought a company vehicle (small van) through it and will now start paying through the company for diesel.
    How do I pay for the Diesel? Do I use the company credit card? How do I claim the VAT back on the fuel (23%?).


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    #2
    Gloomtastic!
    Registered Users Posts: 8,480 ✭✭✭Gloomtastic!


    Are you a ltd company or a sole trader and are you registered for.VAT?


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    #3
    Alan Shore
    Registered Users Posts: 735 ✭✭✭Alan Shore


    Think about it differently.
    I have my own company. The company recently bought a vehicle (small van) through it and will now start paying through the company for diesel.
    How do I pay for the Diesel? Do I use the company credit card? yes How does the company cliam the VAT back on the fuel (23%?) it includes the purchase invoices in the VAT Return like it's other purchases


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    #4
    VincePP
    Closed Accounts Posts: 982 ✭✭✭VincePP


    Get a DCI card - they'll send you an invoice every week and it means no messing with receipts.


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    #5
    Jesper
    Registered Users Posts: 814 ✭✭✭Jesper


    Gloomtastic! wrote: »
    Are you a ltd company or a sole trader and are you registered for.VAT?

    LTD company registered for VAT.


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