Motor dealers

We have acted as accountants and auditors to motor dealers for many years. We understand how dealerships work and the conditions under which they operate. We appreciate that this is a highly competitive market and has many accounting and tax issues including:

• Consignment stock
• Motability scheme
• Manufacturer’s bonuses
• Demonstrator stock
• Employee benefits on use of company cars
• VAT treatment of used cars, consignment stock and demonstrators