VAT EXPLAINED IRELAND 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 [...]
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? [...]
Are you ready to start a business? Starting your own business is an exciting time but there are several things you should consider deeply before making the leap into the unknown. Transformation There are number of life events that are widely accepted as transformative – having children, moving to a new house, getting married, moving to a new country, starting [...]
