Share this content

Fixed Profit Car Scheme

Fixed Profit Car Scheme

I am aware that a self employed person can use the Fixed Profit Car Scheme if their turnover is below the VAT threshold. Is there any reason why this could not apply equally to a Van.
Mark Gosling


Please login or register to join the discussion.

15th Aug 2002 13:24

FPCS no longer exists!
The FPCS ceased on 5th April 2002 and was replaced by 'Authorised Mileage Rates'

You will find that the rates are set for the following classes:

>> Cars and vans
>> Motorcycles
>> Bicycles

So the answer is that you can claim for a van under the new scheme.

Thanks (0)
Share this content