Tag Archives: Vat

Tax Strategy For Your Business

I took a week off last week to recharge the batteries in Co. Wicklow. There were plenty of activities once I could get the children out of bed. Ziplining at Kilruddery and mountain biking in Ballinastoe woods were a highlight. Although the last one was like a 3 hour spinning class in the heat. We

“What VAT can I claim back to reduce my Vat bill?”

“What VAT can I claim back to reduce my Vat bill?” Welcome back to our ‘You Ask, We Answer’ series! One of the most popular questions we have been asked is, what VAT can be claimed back to reduce my vat bill. Legitimately, of course. Do you charge VAT on the sale of goods or

I can claim the VAT on that……can’t I?

Frequently we are contacted in the office and asked the question “I can claim the VAT on that, can’t I?”, although in many cases it is phrased as a statement! In general a VAT registered business may, as long as goods or services are used for the business, deduct: VAT charged, by another VAT registered

New S62A in the Vat Consolidation Act 2010

New S62A in the Vat Consolidation Act 2010 In Revenue’s most recent e-brief no 55/2014 they give details of a new S62A in the Vat Consolidation Act 2010 which deals with the adjustment of deductible Vat in relation to unpaid consideration. The section provides for an adjustment of the amount of Vat deductible where a