Did not find your response? Vat between couple

Farmhouse repairs

We now have a situtation where a spouse transmitted a commercial home to their spouse. The spouse ended up being Vat Registered, additionally the spouse recovered Vat whenever the premises were bought by him. The spouse wass not VAT registered during the period of the transfer through the spouse.

The income are saying that VAT must have been charged from the transfer.

We contend that the wife and husband certainly are a “couple” in addition to few entity can’t be seperated through the wife and husband. We contend that then VAT should be charged, but until the wife sells to a 3rd party no VAT is chargeable if the sale had been made to a 3rd party.

I understand that Irish VAt law is dissimilar to British VAT Law, but as VAT is really a European Law goverbed by the Sixth Directive. I will be wondering if you will find any ECJ instances, which may help our contention.

The finance handbook that is virtual

Ended up being the spouse a single investor or perhaps a restricted company? (more…)