Kieran Coughlan: Do the Vat sums to find out if it would pay you to register

Across the EU, farmers have an almost unique position when it comes to either registering or remaining unregistered, for Vat.

The “normal” rule applicable to most other businesses is that when the annual turnover in any 12-month period exceeds €37,500, in the case of services, or €75,000 in the case of goods, then the business is obliged to register, charge and remit Vat, as appropriate, to Revenue.