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Sole trader VAT for entites in other EU member states

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  • 25-11-2014 11:43pm
    #1
    [Deleted User]
    Posts: 0 ✭


    Hi,

    I will be registering as a sole trader whose only business will be that of electronic services (software development and other IT consulting) to a firm in another EU member state (no presence in Ireland).

    As far as I know, the fact that I am not providing them with tangible goods - or doing business with any entity in Ireland - means I don't have to register for VAT regardless of expected turnover. Is that right?

    If I want to claim VAT back from my business expenses (e.g. Internet, electricity, heating etc.), does this mean I have to register for VAT? And if I do this, do I have to charge VAT on my service to the firm (I was under the impression that this was exempt)?

    Thanks, this is my first step outside the PAYE system and I'm a bit confused about the whole thing. :confused:
    Tagged:


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    #2
    srsly78
    Registered Users Posts: 7,157 ✭✭✭srsly78


    Ehh I think you do have to register for vat even if only exporting services. Even though intra-eu exports may be zero-rated there are VIES and INTRASTAT forms to fill in, which are related to VAT.

    Yes, if you register for VAT you can reclaim the vat on some of your inputs.

    Talk to an accountant!


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    #3
    [Deleted User]
    Posts: 0 ✭ [Deleted User]


    srsly78 wrote: »
    Talk to an accountant!

    Hm, yeah, I might do just that. Cheers!


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