Hello all at Accounting Web.
I have a client ( a Limited Company) that has recently purchased a commercial van and converted it into a campervan.
I have a couple of questions:
1. Can my client reclaim the VAT on the van and the costs of the conversion?
2. Can my client get AIA on the cost of the van?
3. Is there a BIK if the director uses it for personal use? If so, is it just the van BIK rate?
Thanks for your help!