New reverse charge on the sale of electricity and gas in Ireland

29 February 2016

On 1 January 2016 a new domestic reverse charge rule was introduced on the wholesale of gas and electricity supplies in Ireland.

This measure means that providers of electricity and gas no longer have to charge VAT on their supplies to certain customers, as it is now their customer’s responsibility to account for it.

 

 

LATEST NEWS

Hungary to introduce mandatory digital VAT filing from...

From 1 January 2027, all businesses registered for VAT in Hungary will be required to file their VAT returns through the country’s eVAT, or eÁFA, system...

SEE MORE
VAT news
LATEST NEWS

EU customs reform increases responsibilities for...

In September 2026, the EU formally adopted a new Customs Code that will significantly change how goods are imported into the EU. Although the reforms apply...

SEE MORE
VAT news
LATEST NEWS

Germany plans import VAT accounting reform

Germany is planning to introduce a new import VAT accounting system from 1 January 2030, which could significantly improve cash flow for businesses importing...

SEE MORE
VAT news

Gated Content

The following email providers are not accepted: gmail, hotmail, yahoo. Please use proper company email.