VAT
As margins tighten in the Irish economic downturn businesses may
move towards markets outside Ireland to expand their opportunities for
growth. This growth can come with many VAT consequences. What is the
place of supply? Am I obliged to register for VAT in the jurisdiction
where the customer is established? If I sell my products through the
internet do I charge Irish VAT? As VAT is a European tax, our
international network of firms means that Baker Tilly Ryan Glennon is
in a strong position to provide you with advice on this tax head.
Domestically,
there may be opportunities to improve cash flow by negotiating
agreements with the Revenue Commissioners in relation to instalment
schemes, administration savings by decreasing the amount of taxable
periods from bi monthly to quarterly or thirdly returns or your company
may qualify for a VAT 13A authorisation as an exporter allowing
invoices to be received VAT free from your suppliers.
Our VAT specialists are on hand to assist you in both your VAT compliance and consultancy queries.
