VAT rate on panel beating / spray painting

dahamsta

Is it 21% or 12.5%?

eamon234

neither it's 13.5% - that's the standard rate for services

ninty9er

I'd assume it's a "cash" transaction and so wouldn't exist for non business-business transactions

dahamsta

Thanks eamon234.

VAT is applicable on B2C transactions ninty9er, same as B2B. Not paying VAT on cash purchases is of course common, but it's tax evasion and it's probably not a good idea to advise people to do it on a public forum. I realise you may have difficulty with this concept, what with the Fianna Fail fanboism an' all.

adam

junkyard

Thanks for the tip ninty9er, "Accountancy made easy" by Bertie Ahern.;)

ninty9er

Of course we should all factor VAT in when we sell our cars privately too:rolleyes: :rolleyes: :rolleyes: It's really a matter for the supplier of the service to police themselves.

Presuming that having a panel beaten back into shape isn't a necessary service would it not be 21% where charged??? I was of the opinion that 13.5% is on utilities and not services

Karoma

13.5% http://www.revenue.ie/services/tax_info/vatrate/P01267.htm

ninty9er

I should really know these things, but then again, I'm only a poor student:o

dil999

ninty9er wrote:

Of course we should all factor VAT in when we sell our cars privately too:rolleyes: :rolleyes: :rolleyes: It's really a matter for the supplier of the service to police themselves.

Presuming that having a panel beaten back into shape isn't a necessary service would it not be 21% where charged??? I was of the opinion that 13.5% is on utilities and not services

VAT doesn't apply to the private sale of second hand cars. The VAT man (aka revenue) does a very good policing job as any one who has had a VAT audit will tell you

dahamsta

What dil999 said ninty9er. No VAT on C2C.

Mike07

Tax and Duty Types



Item: PANEL BEATING

Rate: 13.5
Sect/Sch: Para(xviii)(a)6th Sch
Order:
Remarks: 2/3 rule does not apply.
Decision:
Ref:


Tax and Duty Types



Item: PAINTING
MOVABLE GOODS(USED GOODS)
Rate: 13.5
Sect/Sch: Para(xviii)6th Sch
Order:
Remarks: Excludes e.g. the sub-contract painting of new movable goods....21.0%--SeeS11(1AB) & EC VAT Regs'95..
Decision:

ninty9er

my bad. sorrreeeeeeeeeee:o