If you are a farmer and are thinking of buying a new tractor abroad and it costs more than 41,000 then you have to register for VAT and pay vat of 23% on the value of the tractor bought.
Make sure that you do not pay vat in the EU country of purchase as you may not be able to claim back same
Any queries call me on 091 763817 or email me at oliver@taxreturnhelp.ie