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When you are starting your own business, whether as a sole trader, partnership or a company, you need to determine if you are obliged to register for VAT and what VAT rate should be applied to your sales. Once registered VAT charged on sales needs to be paid to the Revenue Commissioners after deducting VAT on purchases and expenses on a timely basis. The main reason for registering for VAT is that the business engages in the supply of taxable goods or services within Ireland.

A business that does not, nor is likely to, exceed the relevant limit may still elect to register for VAT and will be obliged to charge and account for VAT on sales and can claim back VAT on purchases. A word of warning. When you first commence in business you may not need to register for VAT due to turnover being under the threshold. However, once turnover exceeds the threshold, you will need to register and subsequently your sales prices will increase by the VAT amount.

This is not normally a problem if you are selling business to business as your customer can claim back the VAT. However, it may cause problems if you are selling to the general public or to businesses not registered for VAT. These customers cannot claim back the VAT and may not be willing to pay higher prices. Certain business activities are exempt from VAT and are not permitted to charge VAT on their sales. Although they may be required to register for VAT if they are in receipt of fourth schedule services as outlined above.

Examples of exempt activities are certain financial services, education, medical services, charities and taxis. When it comes to VAT rates, there are no hard and fast rules. It is not as simple as that. It is a good start when determining which VAT rate you should be charging on your sales. However, unless your business is straightforward, we advise seeking the advice of your local tax office or a professional advisor, before you start issuing invoices or setting up your cash register.

VAT returns are normally prepared on a bi-monthly basis e. The VAT on sales for the two months as well as the VAT on purchases for the two months must be entered on the return and the difference paid over to the Revenue Commissioners. The deadline for submission of the return is the 19 th day of the month following the VAT period e. If the return is filed and paid online ROS then the deadline date is extended to the 23 rd of the month. To register for ROS, go to www.

Some clients have a separate bank account where they lodge the VAT portion of each sale so when it is time to pay their VAT liability they have the funds available. I am considering opening a coffee shop and am trying to work out if serving coffee counts as selling goods or services. It seems to me to be both…. Another reader asked a similar question and you can find the answer here http: Hi, I have read nearly all of the content here and it is great!!

I have one question that i hope you can help me with. We are in the process of setting up a business partnership which hires out room decor to wedding venues. We are due to pay just over euro VAT on goods we are importing from china when they arrive at Dublin port late November and we want to claim it back. Is it financially advisable for us to register for tax in the long run or should we let the go now to avoid any other unnecessary tax related charges in the future?

I found your website while searching on whether I am liable for VAT. I was working for an American company, but had to return to Ireland for personal reasons.

We decided that I should continue to work for them as a contractor. They are not a VAT registered company. What is my position? And yes, I feel very foolish for not looking into this better beforehand! Setting up New Company in Ireland Running a Business in Ireland. Hi Orla- Not sure what box on vat registration form should decide, it is Sole trader IT business.

The business will most likely fall under: If sole trader have Not opted to register voluntarily i. As an example lets assume start up business passed couple of years, and after a while say years in future assuming that business will not succeed and there will be decrease in the sale-As a result of downturn. Finally sole trader may decides to De-register for vat as vat registered clients decreased too in this example.

Ticking one of these two boxes, Would my friend sole trader still have to repay vat i. Even if reasonable genuine explanation to revenue will be given?

In other words, ticking what box on the vat registration form,would have what implications? Is 4th schedule services anything different from being normally VAT registered business? Thanks for your comments. As you know, there are three different boxes to tick: You need to state your turnover in section Some businesses register for VAT to claim back VAT on initial setup expenses which may be significant. Remember you must then charge VAT to all customers. This is where you are paying a foreign business for services.

This has nothing to do with your business providing Fourth Schedule Services. If you choose ii then if you subsequently deregister for VAT, the Revenue may seek to recoup any excess of VAT refunded over VAT paid during the 3 years prior to the cancellation or the period of election if less.

If you choose i you should not have this problem if you need to de-register later because your turnover falls. It may be difficult to predict what your turnover will be for the first year, so you need to give your best estimate. If you decide not to register for VAT initially you should monitor your turnover projections to see if you will go over the threshold and consider registering. You mention in your first comment about future customers requiring you to be VAT registered to do business with you.

The decision to register for VAT should be based on the Revenue guidelines above. If these customers are foreign customers they may be referring to the Fourth Schedule Services legislation, i.

Fourth Schedule Services Finally, 4th Schedule Services becomes an issue if you are supplying services to foreign companies or receiving services from foreign companies.

If you want to give me some examples of Fourth Schedule services you will provide or receive, I can let you know what you need to do in terms of your VAT invoice and your VAT return. Hi Orla, Thank you for help.

As example will be doing web design and possibly receive some web design services too. What would I need to do in terms of VAT invoice and VAT return? Can you let me know which countries your customers will be based and which countries any suppliers of web design will be based so I can let you know how the VAT would be treated.

Hi Orla, Should I register for VAT if I buy some supplies from abroad? In the case of supplies in the State and intra — community EU acquisitions, registration is obligatory where certain turnover thresholds are exceeded or are likely to be exceeded in any twelve month period. You are not required to register for VAT if your turnover does not reach the appropriate threshold above. However, you may elect to register for VAT as per my post above.

If you do register for VAT, remember that you will need to charge VAT to your customers at the appropriate rate. The rates for many products and services can be found at http: You can also then claim back VAT on your Irish purchases also. VAT registered business customers can claim the VAT back so it should not matter to them whether or not you are registered for VAT.

Hi Orla Is it possible for a company to de-register for VAT if their turnover is less that 37, euro? Have a look at this blogpost on cancelling VAT registration. If you have any other queries please let me know.

Can you explain how I calculate payment on vat in ireland. In my case is vat only paid on profits above ? My concern is I am not registered at present and do not charge vat or allow for vat on my rates. If business picks up and I exceed I will have to register I have not allowed for that cost at the start.

Firstly, VAT is charged on your sales not your profit. If you think it will, then you should register. You should review your projected sales figures regularly to see if you may exceed the threshold in future. If you are registered for VAT, you can also claim back the VAT on your purchases such as telephone, office equipment etc. Having said that, you will need to review your sales figures on an ongoing basis to see if you will reach the threshold in future.

I wonder if you could give me information about my case, as I am pretty lost. I am foreign translator resident in Ireland, and I would like to do some freelance translation work for customers in EU.

I dont think that I will reach the threshold of 37K, but I was thinking of registering for VAT to claim against Irish purchases, eg computing, printed material, advertising and other running expenses. Some of my potential customers would be private, some of them would be educational institutions which would count as business I guess.

I was reading the new legislation about New Intra-Community VAT Rules on Place of Supply for Services http: Hi Orla, My VAT reg company will be suppling services to a charity, they say they are not VAT exempt, so how much VAT do I invoice them and why would they not be VAT exempt?

HSE, Mental Health Ire. Any help would be greatly appreciated, Best regards, Leigh. Generally, you will need to invoice the charity the same as your other customers. The Revenue have brought out a leaflet on VAT on Charities which may be of interest. I have a vat registered business. I recently entered into a contract to act as asubcontractor for a business in England which is also VAT registered.

What are the VAT implications for me? Do I charge VAT when invoicing them? Can I claim VAT back? Just a little confused on the VAT issues with the UK. Can you let me know what business you are in and what service you will be providing to the UK company? Also, will the service be carried out in Ireland or in the UK? My business will be maintaining gym equipment throughout Ireland but the contract is from a Company VAT Registered in the UK.

Please also beware of the two thirds rule. More information regarding this can be found on http: Hi Orla, I came across this site and was very impressed well done. While it might seem to be a chore at the time, when the VAT return comes around, you will be glad that you have saved up for it. As you will have transferred the VAT on Sales amount, you will have a surplus in the bank account amounting to the VAT on Purchases.

Frequently asked tax questions Running a Business in Ireland. Hi Orla im set up as a sole trader in my courier business due to the down fall in business im taking on some landscaping job also some of the jobs i do i need to be vat register. Can i mix the two business.

You can carry out the two types of trades under the one sole trader VAT number. To see if you need to register you will need to check the relevant thresholds, e. As you are carrying out two separate trades you would normally combine the sales to see if you reach the threshold.

You could argue that the trades are not of the same nature and that you should not combine them. Can I register these payments as expenses, goods for resale? He is actually providing logos or other graphic design services. I have to say that this freelancer I am working with…. I would request an invoice from the freelancer for work done so that you have evidence of the transaction in your books and records.

It can be included in your expenses in your books and records. Remember that there are VAT implications concerning providing services to a business in another EU country which both of you will need to comply with. I am starting out doing kids parties and I need my van to get around but ive been told I need a VAT number to have a commercial vehicle now. What do I need to do?

Im sure I wont be making 37, euro dont get me wrong that sounds great but in the real world dont think so. This sounds very strange. Can you let me know who told you this e. Revenue official, car dealer etc? As a sole trader not registered for VAT, I may be providing goods prints to businesses who are registered for VAT. Is there a specific way the invoice need to be detailed, as the buyer will want to claim VAT back?

As you are not registered for VAT, you should not mention VAT at all on your invoice. Congratulations on a great blog. In a college scenario, I understand that classroom courses in a pupil-teacher environment is VAT exempt, but if the college is also selling Vatable goods and services below the turnover thresholds, they can elect to register for VAT to recover input VAT.

My question is, can the business recover input VAT on all purchases and expenses relating to the college e. My colleague Una replied to your query by email while I was away. If you have any further queries, please let us know. We have started a small marketing business which has been running for a couple of months.

If we register now will we be liable to pay VAT on invoices that we have issued to customers up to now ie. I understand my colleague Una replied to your query by email while I was away.

Wondering if you could please post the answer? In particular, I have just started working for myself, and have got some consulting work. I was going to continue like this for a while until I see if there is potential in this business, or if I go back into employment again. If, like Simon, I stay in consultancy service as a sole trader and go over the 37, threshold, will I be liable for the VAT on income earned for services I provided before reached this threshold?

Or do I just have to start charging and submitting VAT what happens to stocks during a buyout this?

As soon as you commence to trade as a sole trader you are obliged to register for income tax purposes with the Revenue Commissioners via a Form TR1. If at the outset you feel that your expected turnover in fiscal cliff stock options next 12 months is not likely to exceed the relevant threshold then you do not have to register for VAT purposes.

However you need to monitor your turnover regularly and as soon as you feel that you are likely to exceed the relevant threshold you must register for VAT immediately. You will then be liable to charge VAT on any invoices raised post VAT registration.

VAT will not have to be charged on any invoices raised pre VAT registration. I purchased a tractor in before I registered for VAT in Being non-registered, I did not claim input VAT.

After registering I bought a new tractor on which I claimed VAT, and used the tractor as a trade in. As I had not cliamed input credit on the tractor, the dealer told me I did not have to pay VAT on selling it to them.

However, I now see that they gave me a self-billing invoice showing a VAT amount on the tractor I gave them, and saying I should account for it as input tax. I am now worried that I should have paid VAT on the tractor I traded in? Hi, I have a wedding stationery business and am thinking of doing a new business for DIY wedding invite supplies. Is the combined turnover looked at and would I then have to charge VAT on sales at both businesses? Assuming both business are operated as a sole trade, the combined turnover would be used in total number of stocks traded on nyse VAT registration.

Your web site provided us with useful info to paintings on.

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Hi, found your blog very interesting but still am confused as to the VAT thing. Any help you could give would be very much appreciated. Thank you in anticipation of any help. There is no general exemption in respect of Value Added Tax for organisations which have been granted charitable tax exemption.

There is also a explanatory leaflet on Value Added Tax in the case of Charities which outline specific reliefs from VAT. Thank you for your response. Thanks for your query. Second hand goods are chargeable to VAT at the same rate as the goods when sold as new. HI Orla, This is a great post! I am in the same situation like Derek. However, my suppliers are not VAT registered. They provide freelance services. Are these services come under 4th schedule services?

Do I need to register for the VAT in this case? Could you please advise. Hi, Thanks a million for taking my basic sole trader spreadsheet. I am a professional golfer sometimes! Sports coaching provided in the course of a business is cra stock options to VAT at the standard rate i. All income earned from these lessons needs to be accounted for and included as income for taxation purposes.

Great website, I am looking for an accountant that will assist me but the first question. I am over the threshold for VAT, 6 months in to trading and I am wondering since the company is based in the UK and I have VAT exemption there do I have to register here for VAT, I am an Irish citizen living here and I have many customers here. I get conflicting answers.

What are the regulations regarding VAT and trading in other countries, it would be much easier for me just to pay VAT in UK and if I have customers in other European countries does that mean I have to register in those countries for VAT. They keep asking why do you have a UK company? I am VAT exempt in UK so long as I do not have UK customers. Does having a UK company, change everything? Why does it complicate it?

I need to organise this over the next few weeks urgently and just want to ensure I am doing the right thing. Where is VAT payable, is it in the country where the service received or the work done etc? At the moment I am flexible since I have only started in January but want the simplest and best solution. Great Post, Im wondering can you help me, I have been selected for a revenue risk assessment audit forI am a sole trader within the construction industry, looking back at the year I see my turnover exceeded the threshold in both andI am trying to make a disclosure for the audit and looking for advice on the VAT registration, I know that I must pay VAT on what I received but am I entitled to deduct the VAT that I paid for materials and tools etc.

In the normal course of calculating your VAT liability your allowed to deduct the VAT that you paid on most business expenses. Therefore reducing the amount you have to pay to the Revenue Commissioners. Should you require any further assistance please do not hesitate to contact us. I am working for a company from the UK that will be providing services to another UK company, but these will be taking place in Ireland. My company intends on registering for VAT in Ireland as they now have an establishment here.

The customer is VAT registered in the UK but is not established in Ireland. My question is this, can we zero rate the Irish VAT on our invoice to the UK company as they are VAT registered in another EU country?

You are correct in stating that you would be zero rating your invoice as you will be providing work to an EU company. But bear in mind that you must obtain the EU companies VAT number, verify it as a valid VAT number, ensure the VAT number appears on your invoice and finally ensure that you make reference on the invoice that this is an intra community supply and how VAT is treated. There are also other issues that you may need to be aware of when establishing the business spread betting futures explained in Ireland.

I stock market rsi sent you a direct email with regard to these. In order to avoid the VAT they are asking my daughter to sign a lease. Neither can she afford to pay more rent — her income is low, and in order to attract local clients she needs to keep her prices very competitive.

I hope you can suggest something to help sort out this issue, which is worrying Josie. She would however, have the option to elect to register for VAT. Alternatively, she could be in a refund position if VAT on her expenses were greater then VAT on her sales. Regarding the issue with the lease, I would suggest that she discuss the situation further with her landlord and possibly get the advice from her accountant to ensure the business in financially viable moving forward.

She will need to establish if rent is now to be a fixed sum or if it will still be as a percentage of her income and whether this is inclusive or exclusive of VAT. Hi there, great thread! I need to ask what may seem a stupid question. What are my VAT liabilities on that? I am a sole trader providing business consultency service. I am registered for VAT but in the last two years have not exceeded the threshold. I have been asked to provide remote consultency phone and review materialin Dublin to a client in Guatemala.

Di I charge VAT. Thank you in advance. Business consultancy services supplied to customers outside the EU are not subject to Irish VAT whether received for private or business purposes. Hi there, I was wondering if you can help me please. I set up a company to avail of an Enterprise Ireland innovation voucher which is payable directly to a third level institution. I tried to register for vat to claim vat back but they told me I am not eligible to claim back vat as I am not currently trading and I am focused on research and development for an invention.

Does this sound right to you in your experience? Any guidance you can give is greatly appreciated. A taxable person for VAT purposes is a forex cci arrow indicator who carries out a business in the State.

To register for VAT there is a requirement that the taxable person is acting in the course of furtherance of business. As you are merely carrying out research and development activities for an invention and not necessarily carrying out a trade or business in the State Revenue may decline VAT registration in this instance. If you have any further queries please contact the registration section in Revenue on 36 83 78 or our office on I am somewhat confused.

However reading the Revenue website it says: In my case most of my supply is standard rate stuff and my products will be sold mostly at standard rate.

Can you please clarify. Excellent blog folks — it is a really helpful resource and the answers to other questions are particularly useful when getting used to all the aspects of running a business.

Is Training provided to companies and employees 1 minute binary option system jobs in israel companies exempt from VAT? If I provided training courses for the general public is it considered the same activity?

In general terms training is exempt 5 minute binary options indicator for mt4 system VAT, where provided in a classroom type setting, regardless of your customer i.

Sport training is liable at the standard rate i. We would always recommend that clients contact Revenue and receive an official determination in respect of their specific supply for VAT purposes.

I started distance sales selling kids clothes. I just registered for VAT. I am not sure if I should charge VAT on children clothes.

I know there should be no VAT for clothes up to age When I sell them on ebay, I do specify that they are australia post trading hours easter girls and the age it is for.

I also create sales invoices and have each size different coded, so the sales invoice states what age is the item for. Should that be enough? Or I will have to charge VAT on all kids clothes? This will depend on your expected turnover and whether it will exceed or is likely to exceed the relevant VAT registration threshold per the Revenue guidelines. Hi, wow, this is really a great blog, thank you so much!

I will formatting a company make money selling diaper cakes the next weeks sole trader or Ltd. I will sell goods to customers in Ireland and in the EU but order material in the US.

In guess the beginning my turnover will exchange rate zar and australian dollar exceed If not, would that be different if I sell my products worldwide? Thanks a million Ben. It is difficult to give a definitive answer as I am not aware of your circumstances but it may be best not to register for VAT to keep your prices competitive?

Additionally, I order some services from companies established in other EU countries, all these services fall into a Fourth Schedule Services category. However, if you receive services for business purposes from abroad formerly known as Fourth Schedule services you are obliged to register for VAT. This is because you must self-account for VAT on these purchases at Irish VAT rates. Please note no registration threshold applies in respect of the requirement to register for VAT where you are in receipt of such services for business purposes; once you are in receipt of these services, you must register for VAT.

Once turnover exceeds the threshold, regardless of the time period involved, you are obliged to register for VAT. If turnover subsequently falls beneath the threshold, yes you can de-register for VAT. Hello, I have registered my company for VAT. I want to but comericial van for my business from UK can I claim back the VAT paid on purchase or I can simply not pay the VAT. I want to setup a business as Sole Trader this year November and not get above 37k threshold.

I was employed this year forex brokers in gurgaon finished working. Now I want to provide software services to company abroad. Company from abroad inside EU uses VAT and will need to pay me 25k for my online services. Whether you register or otherwise is not contingent on your customers VAT position.

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I am about to start to work as a selfemployed photographer and I would like to know, if I need to register for VAT. Would that be a reason to register for VAT? Thanks a lot for your help! If your clients in Germany are VAT registered and you are being charged VAT it may be to your advantage to register for VAT even though you do not now exceed the registration threshold.

I am not self-employed, but a PAYE worker who will supply archival services as a once-off to a university. Even if this happened again, I would never reach the threshold for VAT.

But do I need to register as partly self-employed for carrying out a once-off job? This is likely a very innocent question, since I will somehow have to pay taxes on the income I get. Thank you very bull investors stock market history for your help!

What can I do? Thank you so much. I would show it but many online businesses just include VAT in the overall price and not separately. Our company is not vat registered yet, should we pay vat when rent an office?

Hi could you please tell me my husband registered for vat last year as he was advised to by his accountant however we never met the threshold and we have still got a bill for 6 months of over is there anything we can do about this it seems unfair that we have to pay it but I expect because he registered we have no way out. Our business is winding down we are not making a great deal of money not sure what to do. If you regisatered for VAT, you will have to pay the VAT you charged less any valid VAT incurred.

Hi, am I correct in saying that as I was unregistered for vat in when I purchased my van I do not have to account for vat on the sale even though I registered for vat in due to exceeding the threshold. I can then claim the full amount of vat from the new van. You do not have to account for VAT on the sale of your van as you were not VAT registered at the time you purchased it.

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Free Parfrey Murphy App Our free App is packed with calculators and can help you keep track of your receipts and business mileage. Download it free for iOS and Android devices. VAT Registration Posted on May 11, by Seamus Parfrey.

Who needs to register? Other reasons for VAT registration are: The business makes intra Community acquisitions of goods. The business receives fourth schedule services for business purposes from abroad. Fourth schedule services include consultancy services provided by accountants, lawyers, consultants and engineers. All persons, other than private individuals, who receive fourth schedule services from abroad for business purposesmust self account for the Irish VAT and must therefore be registered for VAT regardless of the above.

The business is involved in property transactions within the State and needs to register for VAT as a result of same. Exempt Activities Certain business activities are exempt from VAT and are not permitted to charge VAT on their sales. VAT Rates When it comes to VAT rates, there are no hard and fast rules. VAT Returns VAT returns are normally prepared on a bi-monthly basis e. Registering as a Sole Trader Retailers: Cash Register Requirements PDF.

Email Print PDF Facebook LinkedIn Google More StumbleUpon Pocket Twitter Tumblr Pinterest. August 7, at Hi Orla, I am considering opening a coffee shop and am trying to work out if serving coffee counts as selling goods or services. August 8, at 4: Hi Victoria, Thanks for the comment.

The rules on VAT for cafes can be a bit tricky. October 6, at 1: Any advice you can give would be much appreciated. Stephen, From experience i would say register for VAT when you reach the threshold.

October 18, at 2: Hi, I found your website while searching on whether I am liable for VAT. October 26, at 3: Hi, Thanks for the comment. November 16, at November 16, at 6: November 17, at Hi Derek, Thanks for your comments. You will more than likely have a decision to make between i and ii. All the best, Seamus. November 29, at Hi Derek, Can you let me know which countries your customers will be based and which countries any suppliers of web design will be based so I can let you know how the VAT would be treated.

December 14, at 9: December 16, at Hi Damien, In the case of supplies in the State and intra — community EU acquisitions, registration is obligatory where certain turnover thresholds are exceeded or are likely to be exceeded in any twelve month period. The thresholds applicable are as follows: January 26, at February 6, at 9: Hi Orla, Can you explain how I calculate payment on vat in ireland.

February 7, at 9: Hi Martin, Firstly, VAT is charged on your sales not your profit.

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February 12, at 7: Hello Orla I wonder if you could give me information about my case, as I am pretty lost. Any help appreciated, best regards Angelica. March 20, at March 21, at 9: Hi Leigh, Generally, you will need to invoice the charity the same as your other customers. March 24, at Hi Orla, I have a vat registered business.

March 25, at Hi Deirdre, Can you let me know what business you are in and what service you will be providing to the UK company? March 27, at Hi Orla, My business will be maintaining gym equipment throughout Ireland but the contract is from a Company VAT Registered in the UK. March 28, at April 19, at Hi Dave, Thanks for the comment! Glad you like the blog. April 19, at 1: Hi Orla, Thanks very much for your speedy reply, it was very helpful. June 4, at 8: June 13, at 3: Hi Tom, You can carry out the two types of trades under the one sole trader VAT number.

I would need to know the full facts before I could give a definitive answer. July 9, at 1: Hi Orla, As a self employed graphic design business, I want to pay a Freelancer in another EU country. Thank you for your help! July 15, at 3: Hi Ana-Maria, I would request an invoice from the freelancer for work done so that you have evidence of the transaction in your books and records.

July 13, at Hi Orla, I am starting out doing kids parties and I need my van to get around but ive been told I need a VAT number to have a commercial vehicle now. Hi Jason, This sounds very strange.

July 21, at Orla, As a sole trader not registered for VAT, I may be providing goods prints to businesses who are registered for VAT. Thank you for your valuable blog.

Hi Steph, As you are not registered for VAT, you should not mention VAT at all on your invoice. August 10, at Hi Orla, Congratulations on a great blog.

August 23, at Hi Ronan, Thank you! August 20, at Hi We have started a small marketing business which has been running for a couple of months. August 31, at Hi Simon, I understand my colleague Una replied to your query by email while I was away. December 20, at Hi Kerri, As soon as you commence to trade as a sole trader you are obliged to register for income tax purposes with the Revenue Commissioners via a Form TR1.

Please do not hesitate to contact us should you have any further queries. September 13, at Hi Orla, I purchased a tractor in before I registered for VAT in December 28, at January 25, at 5: Hi Karen, Thanks for your comment.

IF you require any further information please get in contact with us on Kind regards, David. Tree Trimming Albuquerque NM says: January 6, at 9: February 7, at 2: February 14, at 5: Hi Autin, Thank you for your comment. February 21, at 4: March 14, at Hi Maureen, Thanks for your query. If you have any other questions with regard to the VAT, please get in touch with me. February 27, at 1: March 3, at Hi David, Thanks for your query.

July 12, at Thanks in anticipation for some clarity, Rachel. August 10, at 9: Hi Rachel, Thank you for your comment. I have sent you an email on this issue. July 17, at Hi Orla, Great Post, Im wondering can you help me, I have been selected for a revenue risk assessment audit forI am a sole trader within the construction industry, looking back at the year I see my turnover exceeded the threshold in both andI am trying to make a disclosure for the audit and looking for advice on the VAT registration, I know that I must pay VAT on what I received but am I entitled to deduct the VAT that I paid for materials and tools etc.

July 25, at 8: Hi Jack, Thank you for your comment. September 11, at 7: September 14, at 8: HI Matthew, Thank you for your comment.

October 21, at 1: October 23, at 9: December 10, at Hi Lorraine, Thank you for your comment. March 14, at 9: April 8, at Hi Richard, Thank you for your comment. David, Thank you for your response. August 16, at September 13, at 8: Hi Paul, A taxable person for VAT purposes is a person who carries out a business in the State. September 4, at 8: Hi Cathy, Thank you for your query. September 20, at 9: Hi, I am somewhat confused. Thanks for your help, very much appreciated.

October 1, at Hi Rasmus, Thank you for your query.

I trust that the above clarifies matters for you. If you have any further queries please do not hesitate to contact our office on October 23, at 4: Hi Excellent blog folks — it is a really helpful resource and the answers to other questions are particularly useful when getting used to all the aspects of running a business.

December 17, at Hi Louise, Thank you for your query. November 8, at 6: Hi Cathy, I started distance sales selling kids clothes. November 28, at 2: Hi Jack, Thank you for your query. January 29, at January 29, at 1: November 4, at Steve, It is difficult to give a definitive answer as I am not aware of your circumstances but it may be best not to register for VAT to keep your prices competitive?

October 31, at 6: I would appreciate any feedback on this! December 10, at 5: November 13, at 9: November 16, at 2: Hammad, Give the UK supplier your VAT number and they will not charge you VAT. November 24, at 7: Hi, I want to setup a business as Sole Trader this year November and not get above 37k threshold. November 30, at January 21, at Dear Seamus, I am about to start to work as a selfemployed photographer and I would like to know, if I need to register for VAT.

January 25, at 4: Emma, If your clients in Germany are VAT registered and you are being charged VAT it may be to your advantage to register for VAT even though you do not now exceed the registration threshold.

Feel free to call me on this Seamus. February 25, at Hello Orla and Seamus, I am not self-employed, but a PAYE worker who will supply archival services as a once-off to a university.

February 25, at 5: Vera, The university may put you through PAYE but if not register with Revenue. June 4, at June 7, at Hi, You can still register if you are under the VAT threshold which will keep Paypal happy.

January 16, at 7: March 7, at Helen, I would show it but many online businesses just include VAT in the overall price and not separately. February 21, at 3: Hello, Our company is not vat registered yet, should we pay vat when rent an office?

Ivan, You can only claim VAT from the date the company was VAT registered. May 25, at 7: May 26, at 1: Louise, If you regisatered for VAT, you will have to pay the VAT you charged less any valid VAT incurred.

Should you consider cancelling the VAT registration now? June 10, at 8: June 21, at 9: Maura, You do not have to account for VAT on the sale of your van as you were not VAT registered at the time you purchased it. Leave a Reply Cancel reply. Our Clients Our People Careers. Sign up for our popular Expert Tips Newsletter. How Can We Help You? Who We Can Help Individuals Irish Businesses International Businesses Startups.

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