I have got myself in a bit of a muddle and would appreciate any feedback.
We have just taken on 3 contract hire vans which will have personal use by the drivers. All fuel is paid for by the company. We did some workings and would expect a 60/40 business to personal split.
I am a bit confused about the following
1. Are there any VAT restrictions on the Van lease costs in the same way we have for cars?
2. In terms of the VAT on personal use fuel, i understand the scale charges apply to cars only. Firstly, is that correct? and if so, what are the rules for Vans?
Many thanks in advance.