mikeyclare
Registered User
- Messages
- 12
Hi
I have a business that will need to VAT register as my turnover is probably going to exceed the limits.
However I purchase all my stock in the UK and pay UK VAT.
If I VAT register in Ireland how do I reclaim the UK VAT paid on stock held at date of VAT registration as surely it seems unfair if I also have to pay VAT again on the sales price?!
Help. Thanks
I have a business that will need to VAT register as my turnover is probably going to exceed the limits.
However I purchase all my stock in the UK and pay UK VAT.
If I VAT register in Ireland how do I reclaim the UK VAT paid on stock held at date of VAT registration as surely it seems unfair if I also have to pay VAT again on the sales price?!
Help. Thanks