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Does my device Payment plan contain VAT in the monthly payment?

Will1212
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Does my device Payment plan contain VAT in the monthly payment?

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madasaf1sh
Level 76: Forum Legend
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@Will1212 

 

 

As a CCA is purchasing with cash, and then o2 loaning you the funds to do so, then the monthly payments include the amount of VAT on the cash price split over the length of your CCA. 

If you are wanting to claim back have a look at the VAT rules on HMRC and expenses, it gets very complicated. 

Also o2 won't provide an Invoice for the monthly payments as its tied into the CCA, and you are paying them back.

- Xperia 1V - o2 and Spusu
- Pixel 8 Pro - o2 and Vodafone UK

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madasaf1sh
Level 76: Forum Legend
  • 10143 Posts
  • 55 Topics
  • 3006 Solutions
Registered:

@Will1212 

 

 

As a CCA is purchasing with cash, and then o2 loaning you the funds to do so, then the monthly payments include the amount of VAT on the cash price split over the length of your CCA. 

If you are wanting to claim back have a look at the VAT rules on HMRC and expenses, it gets very complicated. 

Also o2 won't provide an Invoice for the monthly payments as its tied into the CCA, and you are paying them back.

- Xperia 1V - o2 and Spusu
- Pixel 8 Pro - o2 and Vodafone UK
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