Some companies are allowed to reclaim VAT. The maximum VAT deduction for the lease bike is over a value of €749 (€130 VAT). This comes down to €3.61 per month; 21% VAT of €749 equates to €130. €130 / 36 months is €3.61 per month.
Some companies are allowed to reclaim VAT. The maximum VAT deduction for the lease bike is over a value of €749 (€130 VAT). This comes down to €3.61 per month; 21% VAT of €749 equates to €130. €130 / 36 months is €3.61 per month.