Advertisement
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

Claming back VAT

  • 31-08-2009 2:53pm
    #1
    pervertedcoffee
    Registered Users, Registered Users 2 Posts: 359 ✭✭


    Hi!

    I've been searching the internet (and this forum, so apologies if this has come up before :pac:) high and low and can't, for the life of me, find any useful information on the process of claiming back VAT on business(registered for VAT) purchases? Would anyone know what the process is?

    Thank for any info :D


Comments

  • #2
    Beasty
    Administrators, Social & Fun Moderators, Sports Moderators Posts: 78,393 Admin ✭✭✭✭✭Beasty


    If you are registered for VAT, are you charging VAT on your sales? Most business collect more VAT than they pay, and are required to pay the net over to the Revenue. It's normally only when you are in a start-up (and are incurring start up costs before you have much income), or making zero-rated supplies where you would expect to be getting a refund.

    Either way, you should be making regular VAT returns (and if you are registered, the Revenue should be sending them out to you for completion) - when completed you should be able to establish whether you are due to receive any net refund or make a payment. If you are due something back, the filing of the Return should trigger the repayment


  • #3
    pervertedcoffee
    Registered Users, Registered Users 2 Posts: 359 ✭✭pervertedcoffee


    Oki :D Thanks for that. Things make a lot more sense now!!

    Off topic: this is the second of my posts today that have been moved. Moderators I apologise!! I'm doing my best to figure out the filing system here. :pac:


Advertisement