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* VAT Pay / Repay on Commercial Vehicle *

cmore · 2008-09-14 10:53:24

Hi Guys quick question. I am a vat registered sole trader who purchased a van last year and claimed the vat back in one payment. If I sold the van before the end of this year is there any legal way I could sell it and not repay revenue. I have limited knowledge on all tax loop holes but just wondered could I sell the van…

14-09-2008 11:53am

#1

cmore

Registered Users Posts: 21 ✭

Join Date: December 2006

Posts: 14

Hi Guys quick question.

I am a vat registered sole trader who purchased a van last year and claimed the vat back in one payment.
If I sold the van before the end of this year is there any legal way I could sell it and not repay revenue. I have limited knowledge on all tax loop holes but just wondered could I sell the van without a vat receipt and just say nothing to revenue?

Thanks a mill

cmore

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Comments

#2 15-09-2008 9:12am

Mr. Incognito

Registered Users, Registered Users 2 Posts: 9,798 ✭✭✭

Join Date: March 2007

Posts: 9552

No. This is fraud.

0