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Farmers VAT?

  • 28-12-2010 8:37pm
    #1
    Registered Users, Registered Users 2 Posts: 129 ✭✭


    Curently looking into signing up for farmers VAT but wondering what percentage VAT i woulg get back on stuff purchased and can i reclaim VAT on motor vehicles??


Comments

  • Registered Users, Registered Users 2 Posts: 5,185 ✭✭✭nilhg


    You mean registering for VAT? If so you'll get all the VAT you pay on eligible purchases back but lose the flat rate refund.

    A motor car wouldn't be eligible for VAT back but a commercial van or 4x4 would.

    Plenty more info here.

    Definitely talk to your accountant before you decide, and remember there is a lot more paperwork involved.


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