On 1 January 2015, new EU VAT rules came into effect with regard to the supply of “TBE” services made to private consumers located in the EU (i.e. supplies of “Telecommunications, Broadcasting and E-Services”). The term “e-services” is potentially far-reaching, but has been defined for these purposes as only including services that are supplied electronically which are essentially automated with little / no human input. Thus delivering a course via the internet, for example, is an e-service for VAT MOSS purposes if the service is automated and involves no or minimal human intervention to deliver. It […]

Are You Getting Your VAT Right on Distance Selling?

If you sell goods to a person living overseas and is in the EU and who is not VAT registered, then Revenue class this as distance selling. Whether the sales happen through mail order or from a telephone call or a sale made on your website the distance selling rules will apply. What do the distance selling rules mean? Basically you’re liable to account for Irish VAT on distance sales until the total value of sales to all customers within a particular country reaches the threshold that applies in that country. When that threshold is met […]

Unpaid invoices VAT Issues

Revenue e-brief 55/2014: Adjustment for input VAT on unpaid invoices – S62A VATCA 2010 Many of you will be aware of this from the announcement made in July 2014 and the addition it made to the bad debt relief provisions already in place which allowed the supplier to make an appropriate adjustment for VAT declared on unpaid invoices. Revenue’s E-brief announced extensions to this provision whereby the person in receipt of the supply has to make an adjustment for VAT deducted against a supply where that supply has not been paid. This adjustment has to be […]

How to Apply VAT Reverse Charge

Where a business provides goods /  services to a VAT registered customer in another EU Member State, to avoid charging VAT the business must ascertain the VAT number of the customer. That VAT number together with an indication that the reverse charge applies must be included on the relevant invoice issued by the business along with the company’s own VAT Number and the usual information. Vat is charged at Zero %. The following sample wording might be useful: Reverse VAT charge applies in accordance with the Fourth Schedule to the VAT Act 1972 as amended. Customer […]

VAT – Moneys Received Basis of Accounting

With effect from 1 May 2014 the turnover threshold for traders who account for VAT on the moneys received basis (also known as cash receipts basis) was increased to €2m from €1.25m. Under the invoice basis a trader is liable to account for VAT when an invoice is issued to a customer. Whereas under the moneys received basis a trader is liable to account for the VAT on an invoice when payment is received from the customer. Conditions to Qualify To qualify for the moneys received basis a trader must satisfy one of the following two […]

New VAT rules for the place of supply of Telecommunications, Broadcasting & Electronic Services

With effect from 1 January 2015 new EU VAT rules in relation to the supply of the above services will come into effect. Currently the place of supply rules are: –          Supplies to private individuals within the EU by a supplier  established in the EU, the place where the supplier is located. –          Supplies to private individuals within the EU by a supplier established outside the EU, the place where the customer is located. With effect from 1 January 2015 the place of supply of the above services will be where the consumer resides. This means […]


You can check the validity of any EU VAT number by logging onto the following website: Procedure: Enter Member State of customer from drop down list Enter VAT number (without country prefix) Click on “Verify” The system will tell you whether the VAT number is valid or invalid. Some EU Member States provide information such as customer name and address on this site but the majority only inform the user whether the VAT number entered is valid or invalid. If you need to verify that the name and address for your EU customer correspond with […]

Changes to VAT RTD

VAT registered traders are reminded of their obligation to submit an annual statistical Return of Trading Details (RTD) in Revenue. As mandatory e-filing applies to the majority of VAT-registered traders, Revenue Online Service or ROS is the primary channel for submission of the RTD. The annual RTD form was introduced by Revenue in an effort to simplify the administrative process in relation to calculating the annual total VAT on purchases and sales at its various rates. A recent redevelopment of the process and renewed push towards compliance means that changes to the current filing system are […]

Do You Have Holiday Cottage VAT Issues?

Do you have Holiday Cottage VAT issues? Concerns have been raised recently, in connection with Holiday Cottage schemes,  from representatives of  management companies and from owners/investors. Generally VAT has not been considered by either parties for changes made in either the management of the scheme or the owners use of the investment. The key concerns revolve around VAT compliance concerns, VAT liability issues and opt out/termination matters. We can help owners/investors to avoid potential VAT liabilities on their investments and work with management companies in addressing VAT compliance issues in order to provide a VAT neutral […]

Cancelling VAT registration

Many businesses are facing decreased turnover levels and are considering deregistering for VAT. Are there any clawbacks of VAT previously claimed? This depends on whether the business elected to register for VAT. A business can elect to be registered for VAT even though turnover is below the thresholds for registration. A business which elected to register for VAT may cancel registration by arrangement with the relevant Revenue District. However, it can result in a VAT liability. Any excess of VAT refunded over VAT paid during the 3 years prior to the cancellation (or the period of election […]

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