Vat registration question

jamesbil

Hi all, can you advise please.

I run a small furniture making business as a sole trader.
I recieve orders via email, make the product and arrange shipping (usually to uk).
It is the same item every time, no site visits, no product options.
This accounts for about 95% of my business.

My accountant is suggesting that as turnover is over €35k )goods and service) I need to register for VAT.
I am suggesting that I dont offer service, just sell goods, and turnover is well under €75k (goods) so I dont need to register.

Do I need to register for VAT?

Thanks

jamesbil

Can anyone answer this?

exaisle

https://www.revenue.ie/en/vat/vat-registration/who-should-register-for-vat/what-are-the-vat-thresholds.aspx

If you're manufacturing from non-vatable materials, then the threshold is €37500...you haven't said what you're manufacturing or from what, so your accountant may be right...

jamesbil

exaisle wrote: »

https://www.revenue.ie/en/vat/vat-registration/who-should-register-for-vat/what-are-the-vat-thresholds.aspx

If you're manufacturing from non-vatable materials, then the threshold is €37500...you haven't said what you're manufacturing or from what, so your accountant may be right...

Manufacturing public address furniture from wood.

Kingp35

jamesbil wrote: »

Manufacturing public address furniture from wood.

Wood is not zero rated, it's at the standard rate. You are selling goods, not services. The €75,000 threshold applies. You need to register if your turnover exceeds this amount or is likely to exceed this amount in any 12 months period.

You can of course elect to register for VAT if you want even if you do not break the thresholds.