Irish VAT registration - two-tier system Since 15 June 2019, when registering for VAT, you must select whether you want to apply for “domestic only” or “intra-EU” VAT status. This requirement is part of the Two-Tier VAT Registration system implemented by Revenue. What is VAT? Who should register for VAT? How to register for VAT? [...]
Budget 2021 - Key Points Budget Ireland 2021 was announced on Tuesday 13th October 2020. Here are the hey points of what was presented to Government: Tax: The USC 4,5% threshold is to be increased in Jan 2021 from €20,484 to €20,687. This is to coincide with the minimum wage increase to €10.20 an hour [...]
A Person who is self-employed or with non PAYE income, like rental income, investment income etc is obliged to file an Annual Income Tax Return. This return is called a 'self assessed tax return'. Under the self-assessment system in Ireland, all self-employed people must report all income earned to Revenue by filing a Tax Return. [...]
