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

selfbuild project

selfbuild1 · 2011-05-08 09:58:35

im doing a selfbuild,ive been told by friends that its worth it to set up a company because i can claim back my vat and wont pay any tax ,because i will do a lot of the work myself,any one done this? is it worth it?

08-05-2011 9:58am

#1

selfbuild1

Closed Accounts Posts: 7 ✭

Join Date: May 2011

Posts: 3

im doing a selfbuild,ive been told by friends that its worth it to set up a company because i can claim back my vat and wont pay any tax ,because i will do a lot of the work myself,any one done this? is it worth it?

0

Comments

#2 09-05-2011 7:02pm

PinkySaunders

Closed Accounts Posts: 2 ✭

Join Date: May 2011

Posts: 2

There are already certain tax allowances on your building, VAT materials, Capital tax and so on but I'm sure you're already familiar with them. I'm not sure there are any benefits to setting up a company unless you plan to do build and sell more than once. It's worth invesitgation though.

Good luck!

0