Jump to content
Sign in to follow this  
qube

6 cars a year

Recommended Posts

just wondering if this 6 vehicles per year means from 01.01.xx to 01.01.xy or a rolling year at any given time?
 
 
Who is treated as motor vehicle trader

(1)

A person is treated as carrying on the business of motor vehicle trading for the purposes of this Act if—

(a)

the person holds out that the person is carrying on the business of motor vehicle trading; or

(b)

in any specified period, the person sells more than 6 motor vehicles, unless that person proves that those motor vehicles were not sold for the primary purpose of gain; or

Share this post


Link to post
Share on other sites

It'll probably be a rolling 12 months. Otherwise person X would say "I may have sold 24 vehicles this year, but I'm not selling any for the next 3 years."

Share this post


Link to post
Share on other sites

its a rolling 12 months. can't buy/sell more than 6 in any 12 month period 

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

×
×
  • Create New...