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can i claim vat?

  • 19-06-2007 10:21pm
    Closed Accounts Posts: 31 ✭✭✭ firefix

    If my vat on purchases is more than my vat on sales, can i get this money back? So for example i spend lot of money on supplies and only start to make a few sales before my vat return is due. Can i claim the rest of the vat?


  • Registered Users Posts: 201 ✭✭ JoeTurner

    In a word, yes....


  • Closed Accounts Posts: 105 ✭✭ Jakey

    Be careful with this the revenue will come audit you after a few refunds so make sure your records are correct and up to date.