VATupdate

Share this post on

Guide to Recovering VAT on Motor Vehicles: Updated TDM

  • The TDM Recovery of VAT on Motor Vehicles has been updated to provide more information on vehicle conversions
  • The document provides guidance on the recovery of VAT on motor vehicles for VAT registered persons and certain types of traders
  • General rules on recovery of VAT on motor vehicles are outlined, with limitations on entitlement for motor vehicles
  • Vehicles used for commercial purposes fall under Categories B and C for VRT purposes
  • VAT registered traders may not deduct VAT on passenger motor vehicles used for hire, leasing, or purchase

Source: revenue.ie

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

Sponsors:

Advertisements:

  • VAT news