After you become VAT registered you will generate VAT rebates with each of your invoices. IN-SYNC Credit Services will work out your VAT rebates for the year and will then split the total cost of your repayments between your VAT rebates and direct payments from yourself. This means your repayment will be reduced as we can use your VAT rebates to pay towards the cost of the van. With the help of IN-SYNC Tax we are also able to use the VAT on the van to claim against the cost of the van.
How does my VAT rebate pay towards the cost of the van?
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