VAT (Value Added Tax),
VAT (Value Added Tax), was introduced in 1972.
In summary VAT is chargeable on the supply of Goods & Services within the State by a Taxable Person.
Although the above summary may seem straightforward, the precise rules and regulations regarding what goods/services are liable to VAT and at what VAT rate is a very complex area.
See www.revenue.ie/en/tax/vat/index.html for further information.
We can ensure that you know the regulations and that your business applies them correctly.