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What is an 'established' person?

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  • 22-08-2011 12:03am
    #1
    dory
    Moderators, Recreation & Hobbies Moderators Posts: 4,501 Mod ✭✭✭✭


    I wasn't sure where to put this, I'm trying to get a VAT number and people on this forum have probably dont that before.

    Basically, I'm trying to get a VAT number and the website has this to say about it:

    What is the turnover threshold for VAT registration?

    The principal thresholds applicable are as follows:

    (a) €37,500 in the case of persons supplying services,
    (b) €37,500 for persons supplying goods liable at the reduced or standard rates which they have manufactured or produced from zero rated materials,
    (c) €37,500 for persons making mail-order or distance sales into the State,
    (d) €41,000 for persons making intra-Community acquisitions,
    (e) €75,000 for persons supplying goods,
    (f) €75,000 for persons supplying both goods and services where 90% or more of the turnover is derived from supplies of goods (other than of the kind referred to at (b) above) and
    (g) A non-established person supplying taxable goods or services in the State is obliged to register and account for VAT irrespective of the level of turnover.

    Up until G I was thinking I don't have to register at all. But I've no idea what a non-established person is.

    Can anyone enlighten me? :)


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    #2
    ImDave
    Registered Users Posts: 1,096 ✭✭✭ImDave


    Established/Non-established simply refers to whether or not an individual/business has a permanent base established within the state for the purposes of filing tax returns etc. At a guess an individual is established if Ireland is their principle resident state for the filing tax returns.

    See: http://www.revenue.ie/en/tax/vat/leaflets/foreign-suppliers.html


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