The average UK motor dealership produced a marginal profit in April 2015 of £3,000.
Car dealers are being altered to the increase in the penalty for not paying the national minimum wage from £20,000 per employer to £20,000 per employee.
Dealers’ claims for compound interest took a move forward last week, with a win for Littlewoods at the court of appeal, says ASE.
The average UK motor dealership produced recorded a profit of just under £93,000 in March.
The HM Revenue and Customs' (HMRC) willingness to challenge sales values used in VAT calculations has been highlighted in a VAT appeal judgement, according to ASE.
The average UK motor dealer made a loss of £13,500 in February, a slight increase in the loss made in February 2014.
Budget 2015 highlights, 50 days from the general election.