The Net figure would be 8,430.43. The 'VAT Qualifying' part means the car has always been registered to a company that is registered for VAT so the VAT is still reclaimable. Once a car has been registered to a private individual you can no longer reclaim the VAT on it-the sale becomes exempt of VAT.
policies. 1  1a : prudence or wisdom in the management of affairsb : management or procedure based primarily on material interest.
Policies are unwritten laws that have to be followed in letter and spirit by the employees of an organization. Regulation. Regulations are rules that are made to make people comply and behave in a certain manner.