An incredibly boring question about company cars
I'm currently in the process of shopping around for my next company car.
My employers lease it directly from the dealership, rather than going through a leasing company.
I get a maximum monthly lease cost but on my quote that has been provided to me by the dealership it includes VAT.
Do I need to remove the VAT in order to get a cost to put to the business? UK businesses claim VAT back on things like company cars don't they, so the real cost to the company should be ex-vat?
It makes the difference between going a decent bit below my max allowance or a bit over- which would be difficult to get through.
I could ask but the right people aren't around today and I'm impatient.
Cheers.