sheepwise
Member
- Location
- SW Scotland
We lease breeding cows and ewes from our main business to a contract farming business we operate.Just getting invoices sorted for year end and wondering if VAT should be charged on the lease of livestock?
My own accountant just got back to me, he says zero-rated.I know some that do and some that don't.
We do charge VAT on the cows i lease to our CFA because the farm owners accountant and consultant said we had to, however my accountant says we shouldn't be.