Standard VAT rate reverts to 23%

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The standard rate of VAT in Ireland reverts back to 23% with effect from 1 March 2021.

 

We recommend that businesses plan to implement any necessary changes to their accounting and IT systems in order to reflect this change.

 

If you require help in relation to this VAT rate change, please contact a member of our professional team on +353 74 912 2820 or email mail@edwinfoley.com.

 

 

Disclaimer information:

The information contained in this update may be subject to change and accordingly is not a substitute for professional advice or services, nor should it be used as a basis for any decision or action that may affect your finances or your business. Before making any decision or taking any action that may affect your finances or your business, you should consult a qualified professional advisor. This firm shall not be responsible for any loss whatsoever sustained by any person who relies on this update.