Charging VAT when selling a car

Charging VAT when selling a car

Question:
Hello!
11 years ago I bought a truck through the company - EOOD. The invoice includes VAT, but I didn't use the tax credit because the accountant wasn't sure if I was entitled to it, since the car is a two-seater, even though the receipt says it's a truck. It is used, as I used a tax credit for the fuel. It is fully depreciated, even written off, but I want to transfer it to my name. Should I charge VAT on the sale?
Thanks in advance!

Answer:
Hello,
If your company is registered for VAT - you should charge VAT at the time of sale. An exception would be if you did not use VAT when purchasing the car because you were not entitled to a tax credit. Even if VAT was not used, if you had the right to do so, but for one reason or another you did not, this does not exempt you from charging VAT when selling the car. In order for you to have the right to use the VAT on a lorry, the company's activity should suggest that you need to use such a vehicle (for example, transport services, distribution of goods, or some other type of service for the performance of which a lorry is needed car).
We hope we have been helpful!
Greetings!