How to make sure you claim back the Vat payments of farm machinery and equipment

The average Vat refund claim for 2019 amounted to €5,029
How to make sure you claim back the Vat payments of farm machinery and equipment

Milking machines are amongst the type of expenditure that qualifies for a Vat rebate.

The vast majority of farmers in Ireland are unregistered, with only very large-scale beef and tillage farmers typically registered for Vat.

For 2019, farmers claimed €83m of Vat back, with 16,528 farmers benefiting from refunds. With 148,227 persons declaring some farm income for 2018, per Revenue’s annual statistical report, the number of farmers who are losing out on potential Vat refunds could be running into the tens of thousands.

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