What is VAT?
Value-Added Tax (VAT) is a tax on consumer spending. Most goods and services supplied in Ireland are subject to VAT. Goods imported into Ireland from outside the European Union (EU) are also subject to VAT: this is charged by Customs at the point where the goods enter the State.
This section explains:
- what an accountable person and a taxable person is
- exemption from VAT
- reverse charge (self accounting)
- qualifying activities
- VAT fraud.
Next: What is an accountable and a taxable person?