HMRC has identified an increasing risk of an error in the VAT returns for certain Franchised Dealerships, described as “Bumping”. HMRC are sending letters to some motor retailers that they believe are at risk from ‘Bumping’. Bumping is where there is a discrepancy between a vehicle sales invoice on the DMS system and the finance proposal one, which can lead to the underpayment of output VAT on the sale. Most retailers have been aware of the … [Read More...]
WheelsWithinWales puts you in the driving seat for Welsh motoring news, first impressions of new cars, comprehensive roadtests, features, retail news for car and van dealers and of course, motorsport.
The new Mazda CX-60 now going on sale is the most powerful model ever from the company. The range-topping SUV is Mazda's first plug-in … [Read More...]
If you’ve ever spent a night sleeping in your car it can be a very disconcerting place to wake up, but that was one of the tests engineers … [Read More...]