As part of the July Stimulus Plan, the Irish government announced the temporary reduction in the standard rate of VAT from 23% to 21% with effect from 1 September 2020. It is intended that this temporary rate reduction will be in place for a period of 6 months to 28 February 2021. This rate change […]
Tag Archives: VAT
5 Vat Mistakes to Avoid
Accounting for VAT and submitting VAT returns is part of doing business for a majority of companies in Ireland. This means allocating resources to ensure your business handles the process properly – financial resources to hire an accountancy practice or staffing resources to do it internally. VAT is a complex area making it all too […]
Distance Selling and VAT – Your Obligations
Do you sell goods to customers in Europe? If so, it is essential you understand the EU’s distance selling regulations.