ROI - VAT Help Required

[Shortso79]

My Friend has set up a ballet dance classes school in the south and was wondering what the VAT implications are ?

I read on the Revenue Website that Ballet Dance Lessons are VAT Exempt

Can she reclaim input VAT suffered on purchases/rent ?

Does she have to charge VAT on sales ?

At present she is being charged VAT on her rent.

Any help greatly appreciated

[Shortso79]

Any advice - greatly appreciated

[Shamrock Shore]

Shortso

If a trade is exempt (as ballet would be normally) then one does not charge VAT nor can they recover VAT on inputs as exempt activites cannot register for VAT.

Drop me a pm with a regular contact for further explanation if you wish.