I have a registered business in Ireland. It is a dental practice. But I am not VAT-registered as we do not charge VAT on services. Can I still buy a commercial vehicle and register it through the business and tax it on a commercial basis? I understand that I would have to pay the VAT on the vehicle, but the savings in the motor tax would greatly beneficial.
Filed under commercial vehicle - Asked by Shane Curran (Westport ) - Tue, 27 Aug 2019 22:54
Yes you can — anyone can buy a commercial vehicle and tax it as a commercial, but the restriction is on use. If you’re using it for personal use (i.e: literally anything other than going to and from work, or transporting items for work), then you really ought to register it as a private car and tax it accordingly. It's a major fine if you’re caught displaying incorrect tax.