Revenue eBrief No. 067/21
Sale of Live Animals by Auction (Mart)
A new Tax and Duty Manual – Sale of Live Animals by Auction (Mart) – has been published detailing the application of VAT to sales of live animals by auction.
The Manual on Flat-rate Farmers Settlement Vouchers – Sales to Marts has been archived
This guidance deals with the application of VAT to sales of live animals by auction. It relates to sales by VAT registered persons and by farmers who are not registered for VAT (“flat-rate farmers”).
The rate of VAT and the flat-rate addition used in the examples hereunder are those applying at a point in time and you should therefore check the Revenue website to ensure that you are applying the appropriate rate of VAT or flat-rate addition to a specific transaction.