Is the window break-in protection paid up front and included in the price of the car?
With the exception of interest, all the other costs you have mentioned would be included in the price.
TaxDummysays: 30 September 2015 at 22:55
Yes, the window break-in protection is part of the up front cost of the vehicle and also financed.
Can the VAT be included even thought the (Pty) Ltd is not registered for VAT?
TaxTimsays: 1 October 2015 at 11:41
VAT is not claimable on passenger vehicles even if you were registered. So either way, it forms part of the purchase price of the car and should be included in the cost for purposes of calculating Wear and Tear.
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