C
ciarapm
Guest
Hi,
My boyfriend works for his brother who has his own carpentry company.
In 2005 his boss, who is his brother convinced him to buy a Landcrusier and register it in the company name. My boyfriend pays back the €35,000 loan for the vehicle and pays the road tax but it is registered in his brothers name. When he bought it his brother told him that he would claim back the VAT and refund my boyfriend the money but now he keeps making excuses not to give it to him. How much would he be able to claim back and is there any restrictions on this, like if he goes to sell it in a few years does this need to be repaid?
My boyfriend works for his brother who has his own carpentry company.
In 2005 his boss, who is his brother convinced him to buy a Landcrusier and register it in the company name. My boyfriend pays back the €35,000 loan for the vehicle and pays the road tax but it is registered in his brothers name. When he bought it his brother told him that he would claim back the VAT and refund my boyfriend the money but now he keeps making excuses not to give it to him. How much would he be able to claim back and is there any restrictions on this, like if he goes to sell it in a few years does this need to be repaid?