Comprehensive Vat guidelines on way

The chairman of the Revenue Commissioners, Niall Cody, said he had seen cases where the suppliers of some of this machinery say it will be deductible, despite not being in a position to give tax advice.
Comprehensive Vat guidelines on way

Slurry bags have been at the centre of much of the discussion on Vat rules.

Comprehensive guidelines being prepared by the Revenue Commissioners will clarify the position regarding the VAT 58 scheme, which allows VAT refunds to unregistered farmers for certain farm expenditures.

Farmers say that some items, for which they previously received VAT refunds, are no longer eligible. 

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