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Vehicles
that are adapted and supplied to people with disabilities for their
personal use are zero rated for VAT under the Mobility programme, which
was set up to help disabled people lead more independent lives.
However, this could be set to change after a group of disabled
people were caught buying cars and then selling them on at a huge profit. Six
people were discovered selling up to 60 vehicles each in a two-year
period, generating hundreds of thousands of pounds in profit, and
chartered accountants Clement Keys says the abuse of the system is thought
to be much more widespread. The cars are fitted with relatively minor
adaptations, such as a realigned steering wheel or a steering ball –
which can be easily removed – and are then sold on to dealers with just
a few miles on the clock.
The dealers then sell them as new, pre-registered vehicles,
undercutting the retail showroom price. Top
of the range Mercedes, Range Rovers, BMWs, Porsches and even Bentleys have
been targeted, because the VAT saving is maximised on high value, high
specification models.“While there is no legislation prohibiting this
kind of activity, it is a definite weakness in the Mobility system,”
says Steven Simmonds, director of Indirect Tax Services. “The Department of Work and Pensions is also investigating possible benefit fraud because those caught so far are genuinely disabled and in receipt of state benefits.” The question is whether they have exaggerated the extent of their disabilities in order to qualify to buy vehicles free of VAT. Also,
people in receipt of incapacity benefit are only permitted to carry out
certain types of work, so by ‘trading’ in this way and in these
volumes, Mr Simmonds says the group could have breached the benefit
conditions which apply.
Since
the six people arrested so far may turn out to be the tip of the iceberg,
Clement Keys says it is likely that changes to the Mobility system will be
introduced to stamp out activity which effectively defrauds the Exchequer.
Limits may be imposed on the value of vehicles that can disabled
people can buy without paying VAT, for example, or restrictions may be
placed on how frequently they are allowed to purchase a new car.
Alternatively, depending on the extent of the abuse, legislation could be brought in which would make this kind of ‘trading’ a criminal offence. |