business administration

Customer Due Diligence (CDD) – SIMPLY EXPLAINED

2020-11-20T13:45:41+00:00

Customer Due Diligence (CDD) – SIMPLY EXPLAINED CDD is Customer Due Diligence. Translating this into human language it means, that a business needs to assess the risk of the clients and need to get their clients ID and proof of address to be sure that you are not involved in any money laundering, any financial scam or terrorism [...]

Customer Due Diligence (CDD) – SIMPLY EXPLAINED2020-11-20T13:45:41+00:00

VAT Explained Ireland

2020-11-05T16:08:47+00:00

VAT EXPLAINED Value Added Tax (VAT) is a tax that is paid on most goods and services at every stage of production and distribution. As a business owner, you may need to register for VAT and therefore charge VAT on your goods/services. When to register for VAT? Turnover threshold. The two main sale thresholds for VAT are €37,500 for [...]

VAT Explained Ireland2020-11-05T16:08:47+00:00

Irish VAT registration – two-tier system

2020-10-20T14:25:17+00:00

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. Intra-EU VAT registration If you intend to trade with businesses elsewhere in the [...]

Irish VAT registration – two-tier system2020-10-20T14:25:17+00:00
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