The VAT Practice,
The White House, Cloncorban, Rossmore, Clonakilty,
Co. Cork
Principal: Nicholas Ryan
Tel: +353 (0)23 8838181
Mob: +353 (0)83 3340324
Fax: +353 (0)23 8838181
Email : info@thevatpractice.ie
Welcome to the VAT Practice blog. Our aim is for our blog to provide you with access to: Hot topics – which features regularly updated information, ideas and comment from The VAT Practice on Irish and international VAT issues. Talk to us – businesses can provide comment on our articles in Hot Topics and enter […]
The Minister for Finance announced yesterday in the “Jobs for growth” that a second reduced VAT rate is to be introduced with effect from 1 July 2011. Although welcomed I wonder it if more could have been done.
The VAT Practice is proud to announce the launch of its VAT Assure service and innovative service for accountants, SME’s and OMB’s . This service provides businesses with a quick query resolution and assurance service for a fixed fee. The service is designed to deal with a range of VAT issues that can arise and […]
The result now is not at all as sweet as anticipated and many investors now find themselves in that unexpected situation where the investment could well develop into their worst nightmare of an exposure to a high, and unmanageable, VAT cost.
Under this concession the developer/owner has retained the right to recover any VAT incurred on the construction of the residential properties but, where a property was let then the developer then had to make a capital goods scheme adjustment at the end of each accounting interval for that portion of the VAT previously reclaimed.