New VAT rules will come into effect for cross-border business-to-consumer (“B2C”) e-commerce activities carried out within the EU from 1 July 2021. These new VAT rules are significant, wide ranging and complex.
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 […]
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 […]
Do you sell goods to customers in Europe? If so, it is essential you understand the EU’s distance selling regulations.