Brendan Griffin (Kerry, Fine Gael)
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118. To ask the Minister for Finance his views on a matter (details supplied) [18507/17]

Michael Noonan (Limerick City, Fine Gael)
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The issue in the matter mentioned concerns a VAT registered partnership's desire to deduct VAT on goods acquired by an individual partner rather than by the partnership. I am advised by the Revenue Commissioners that the general rule for deduction of VAT incurred is such that VAT may only be deducted by the accountable person who acquired the goods. Support for such deduction in the form of a valid VAT invoice in the name of the taxable person is required when claiming such a deduction. Such an invoice is not available in the matter mentioned.

I am further advised by Revenue that an official from the Revenue Office in Kerry will make direct contact with the persons concerned to provide further clarity in the issue concerning VAT deductibility by a partnership where the goods are purchased by an individual partner rather than the partnership.