VAT free
Author
Discussion

SILICONEKID340HP

Original Poster:

14,997 posts

260 months

Monday 13th August 2012
quotequote all
I don`t understand why there is vat on bikes..

There green machines ,surely they should drop the vat off !

Jimbo.

4,219 posts

218 months

Monday 13th August 2012
quotequote all
There is a tax break of sorts via the cycle to work scheme(s).

R.P.M

1,977 posts

250 months

Monday 13th August 2012
quotequote all
Stupid thing is that you still have to pay VAT when a company pays for a bike through the C2W scheme.

Fourmotion

1,032 posts

249 months

Tuesday 14th August 2012
quotequote all
R.P.M said:
Stupid thing is that you still have to pay VAT when a company pays for a bike through the C2W scheme.
Well, only to the extent your company doesn't have a full recovery rate. If they fully recover VAT then you're charged on the net value of the bike.

cjs

11,653 posts

280 months

Tuesday 14th August 2012
quotequote all
Cycle helmets are zero rated for VAT, not that you ever see that in the pricing, £29.99. £79.99 etc.