A accsvalue Registered User Messages 51 16 Apr 2016 #1 A VAT-registered sole trader sells his van. The van is old and he bought it before he was self-employed. Therefore, he never claimed VAT when he purchased the vehicle. Does he have to charge VAT when he sells the van?
A VAT-registered sole trader sells his van. The van is old and he bought it before he was self-employed. Therefore, he never claimed VAT when he purchased the vehicle. Does he have to charge VAT when he sells the van?
J Joe_90 Registered User Messages 2,222 16 Apr 2016 #2 If not registered at time of acquisition then no VAT on sale. http://www.revenue.ie/en/tax/vat/leaflets/vat-and-vrt-on-motor-vehicles.html#section34
If not registered at time of acquisition then no VAT on sale. http://www.revenue.ie/en/tax/vat/leaflets/vat-and-vrt-on-motor-vehicles.html#section34