VAT Rates
LETTING OF SITES FOR LAYING UP BOATS (Letting of immovable goods)
Rate
Exempt
Remarks
Letting of sites is exempt. However, a lessor can exercise the landlords option to tax as per Section 97, and the rent is then liable to VAT at the Standard rate. Option to tax is restricted in the case of connected parties - see Section 97(2)(a).
Value-Added Tax Consolidation Act 2010 (VATCA 2010) Ref
Schedule: 1 Paragraph: 11(1)
Link to further information