The VAT threshold in Ireland was €38,500 for the supply of goods and €78,000 for the supply of services in a rolling 12-month period. This means that if a business’s turnover from taxable supplies of goods exceeds €38,500 in a 12-month period (or if their turnover from taxable supplies of services exceeds €78,000), they are required to register for VAT.
Due to changes in tax laws and alterations in the state of the economy, these levels may fluctuate over time. To make sure you have the most accurate and recent information, it is crucial to confirm the current VAT threshold values with the Irish Revenue. For some industries, different regulations can be in effect. So it is recommended to consult with me or any other official professionals for the personalized advice, regarding VAT registration requirements in Ireland. You can also use the VAT Calculator to find out the exact amount need to be paid.
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I’m Orla, a seasoned Tax Accountant and passionate blog writer with a mission to demystify the intricate world of Value Added Tax (VAT). With a career spanning over a decade in the realms of finance and taxation, I have honed my expertise to assist businesses and individuals in navigating the complex landscape of VAT regulations.
My journey into the world of finance and taxation began with a strong fascination for numbers and a desire to make a meaningful impact. Armed with a degree in Accounting, I embarked on a career that would see me becoming a trusted advisor to businesses of all sizes. Over the years, I have had the privilege of helping countless clients optimize their financial operations and ensure compliance with VAT laws. Connect with me through my blog, where you’ll find insightful articles, practical advice, and a friendly voice to guide you through the intricate world of Value Added Tax.