Hi All
I am about to sign contracts for an investment property here in Ireland which wont be ready until Oct / Nov 06. However, my accountant is advising to vat register now in advance of signing the contracts as opposed to registering just before hand over.
The only snag is that I have to start paying vat on rent from another rental property I have which may be unnecessary. This could add up to €600+
Any comments please ?
I am about to sign contracts for an investment property here in Ireland which wont be ready until Oct / Nov 06. However, my accountant is advising to vat register now in advance of signing the contracts as opposed to registering just before hand over.
The only snag is that I have to start paying vat on rent from another rental property I have which may be unnecessary. This could add up to €600+
Any comments please ?