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
Separate EORI number for Northern Ireland required
HMRC have recently confirmed that businesses who import and export goods from Northern Ireland (NI) will need a special Economic Operator Identification Number...
SEE MORE
LATEST NEWS
UK Intrastat still required after Brexit
The UK tax authorities have confirmed that English, Welsh and Scottish businesses importing goods into the UK from the EU will still be required to prepare and...
SEE MORE
LATEST NEWS
Ireland to introduce postponed accounting for import...
The Irish government have confirmed that a postponed accounting facility will be implemented for import VAT post-Brexit. This new mechanism will allow all...
SEE MORE