If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)

Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

buying from the uk

pclancy · 2004-08-11 19:37:57

does anyone know the story with vat when an irish vat registerd company buys from an english company? Buying stuff for itself and also buying stuff for resale?

11-08-2004 7:37pm

#1

pclancy

Registered Users, Registered Users 2 Posts: 3,941 ✭✭✭

Join Date: June 2002

Posts: 3451

does anyone know the story with vat when an irish vat registerd company buys from an english company? Buying stuff for itself and also buying stuff for resale?

0

Comments

#2 11-08-2004 9:12pm

Pataman

Registered Users, Registered Users 2 Posts: 1,543 ✭✭✭

Join Date: July 2003

Posts: 1441

To answer your second question first, if you are buying for resale as a vat registered company there is no vat payable on the purchase. You will still have to return vat to the revenue on the sale of it.
Buying for yourself you should pay uk vat, which is not reclaimable in ireland. However most uk companies when you produce a vat number, including the IE prefix, even though it is for yourself, will deduct the vat.

0