VAT on Rent of Pool Room

HcksawJimDuggan

A pub charges company A €100 per week to leave a pool table/gaming machines on site. Company A keeps 100% of the takings. Is the €100 received by the pub vatable or is it exempt on the basis that it is the letting of immovable goods?

barneystinson

HcksawJimDuggan wrote: »

A pub charges company A €100 per week to leave a pool table/gaming machines on site. Company A keeps 100% of the takings. Is the €100 received by the pub vatable or is it exempt on the basis that it is the letting of immovable goods?

There's no immovable goods being let in the scenario you just outlined...

HcksawJimDuggan

I would consider the right to locate the pool tables and machines on the premises as a letting of immovable goods.

Calahonda52

HcksawJimDuggan wrote: »

I would consider the right to locate the pool tables and machines on the premises as a letting of immovable goods.

Really!
have you, with an open mind, read
https://www.revenue.ie/en/vat/vat-on-goods/when-is-vat-charged-on-goods/what-is-a-supply-of-goods.aspx
and
https://www.revenue.ie/en/vat/vat-on-property-and-construction/vat-treatment-of-services-connected-with-immovable/index.aspx
and the relevant links

barneystinson

HcksawJimDuggan wrote: »

I would consider the right to locate the pool tables and machines on the premises as a letting of immovable goods.

No chance. It could probably be considered a form of informal licence, if it isn't a written agreement.

In order for it to be a letting the owner of the pool tables would have to have the right to exclusive occupation. in the context of a licensed premises like a pub, that would be nonsensical and probably fraught with other legal difficulties.

https://www2.deloitte.com/ie/en/pages/tax/articles/letting-v-licence.html

HcksawJimDuggan

Fair enough.

Then in the particular instance outlined in the OP, would the €100 weekly income be liable to VAT and if so at what rate?

ThumbTaxed

23 percent