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

sole trader vat. 130k contract

kingbhome · 2018-11-18 18:23:49

I have a question regarding vat on labor and materials. Say the contract was 130k, 80k was labor and 50k on materials in construction related work on a single house. Is it 13.5% vat on all or just 13.5% on labor and 23% on the materials.

18-11-2018 6:23pm

#1

kingbhome

Registered Users, Registered Users 2 Posts: 518 ✭✭✭

Join Date: September 2017

Posts: 406

I have a question regarding vat on labor and materials. Say the contract was 130k, 80k was labor and 50k on materials in construction related work on a single house. Is it 13.5% vat on all or just 13.5% on labor and 23% on the materials.

0

Comments

#2 19-11-2018 5:04pm

Calahonda52

Registered Users, Registered Users 2 Posts: 12,888 ✭✭✭✭

Join Date: January 2015

Posts: 12023

see here
https://www.revenue.ie/en/vat/vat-on-services/services-taxable-at-the-rate-of-the-goods-the-two/index.aspx
including the exclusions in construction sector which may apply here.
Otherwise its 13.5 on lot as 50 < 86.58 [2/3 of 130]

“I can’t pay my staff or mortgage with instagram likes”.

0