VAT Rates
AUCTIONEERS - LIVESTOCK
Rate
Livestock rate
Remarks
For VAT purposes, where an agent/auctioneer makes a sale of goods, there is a deemed supply of the goods to the agent/auctioneer at the time that the agent/auctioneers makes that sale.
If the agent/auctioneer is selling on behalf of an unregistered (flat-rate) farmer, then the price paid to the farmer must include the Livestock flat-rate addition.
Value-Added Tax Consolidation Act 2010 (VATCA 2010) Ref
Section: 22(1), 46(1)(d)