VAT RTD question

cader

Registered User
Messages
14
I am self-employed and my work involves preparing drawings and 3D models.
When ding my VAT RTD one of the questions it asks is:
"Did you purchase goods or services that are not for resale but where VAT paid can be claimed as an input credit?"

What does this mean?
 

WizardDr

Frequent Poster
Messages
1,129
Eg you bought ink for the drawings. It cost €1,230 (€1,000 + Vat €230)
You claimed VAT back (i assume)
Then this €1,000 is goods that you did not resell and used €230 as in input credit

Er I hope.
 

cader

Registered User
Messages
14
Ok - could I claim this for a computer and printer that I bought for work?
 

jpd

Frequent Poster
Messages
1,785
Yes, as long as the computer is only used for work. If it is also used for personal uses, then only a proportionate amount would be work related
 
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