EGY Prestige is the trading name of EGY (UK) Ltd, which is a private company that specialises in the supply of new vehicles, approved used, VAT-free supply, freight-forwarding, legal services and consultancy (motor industry) and supply of duty free vehicles for, NGOs, Missions, Diplomats, and the Military.
Our combination of wealth of knowledge and expertise in supplying high quality vans/commercials and offering a personal service that suits your needs has enabled us to win many awards.
We are also specialists in the HMRC‘s Personal Export Scheme that allows clients to buy vehicles in the UK free of VAT for export.
We have a substantial portfolio of clients that includes public and private sector workers across many countries and regions as well as several diplomatic missions and government bodies. We treat our clients like good friends, which is why we aim to build genuine, long lasting relationships with them.
A VAT qualifying car is a car which is eligible for the 20% VAT to be reclaimed.
A non-VAT qualifying car is not eligible for the 20% VAT to be reclaimed. This is because the vehicle has been owned by a private individual. Once this has happened a car looses its VAT qualifying status to become non-VAT qualifying. This cannot be reversed.
A VAT margin car is a car which is non VAT qualifying. This is because the VAT has been paid on it in a previous sale and this cannot become a VAT qualifying car again.
All new cars are VAT qualifying. They have to be bought by a VAT registered business in the UK in order for the VAT to be reclaimed. If this happens, the car remains a VAT qualifying car until it is bought by a person or a non-VAT registered business. This person must pay the VAT for the car which then becomes a non-VAT qualifying car ongoing.
The Personal Export Scheme allows entitled customers to buy a motor vehicle in the UK free of VAT for export outside the UK. Subject to some restrictions, the vehicle can be used for a limited period in the UK before it’s exported.
Warning – it may be difficult to import motor vehicles into some countries. If you’re thinking of buying a vehicle under the scheme, you should check with the relevant Embassy or High Commission in the UK because additional restrictions, paperwork and costs may apply.
As a serving Diplomat, or a member of an International organisation, by using Griffin you are able to take advantage of special Diplomatic pricing from a vast array of manufacturers.
Taking advantage of these significant discounts is easy. We have a dedicated sales team on hand to help you with everything from choosing your specific new vehicle, to it’s personalised delivery. You can buy outright or even lease your next car, through our exclusive Diplomatic leasing programme.
You have several options to consider if you want to buy a UK car and reclaim the VAT.