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another VAT Q for materials sold while working.

  • 28-12-2014 7:43pm
    #1
    duckcfc
    Banned (with Prison Access) Posts: 616 ✭✭✭


    I'm a handyman/builder and have a question about VAT on goods for tiling.

    Say I can get bags of adhesive for 10euro per 25kg bag and advertise that I'm giving away free bags for any new jobs in Jan,Feb,march and I get a customer who's willing me to lay 50sq meters of tiles.

    If I provided 10 free bags of adhesive and charge 20euro for another 10 to the customer, what taxes or vat am I liable for.

    Am I even aloud to sell them for more than I buy for even if I'm not regiesterd for vat or do I have to pass them on for the 10euro I bought for.


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