David Bowden urges UK asset lenders to “get good VAT advice at the beginning” in the light of a recent court case
Sep 19, 2014
A recent VAT case from the First Tier Tribunal will be of interest to asset finance providers. In a reserved decision dated August 1, 2014 of Judge Guy Brannan and Julian Stafford, the tribunal had to rule on the recoverability of VAT made by a finance house on hire purchase transactions.
Nov 23, 2016
The UK Chancellor of the Exchequer, Philip Hammond, delivered his first fiscal statement on 23 November, ahead of what is now planned to be the last annual spring Budget next March.
Feb 14, 2017
Data is being used by businesses in more ways than ever before, but it seems they still lack trust in their data.
Mar 07, 2017
Truck dealers and manufacturers are being urged to review funding services for small businesses to ensure they are compliant with finance industry rules. Laws governing the asset finance sector compel every company offering finance options to sole traders and partnerships to be fully licensed. The legislation came into full effect last year, but commercial vehicle experts believe many dealers and manufacturers are still operating without proper authorisation.