0 Comments
Since 1 January 2021, the UK is no longer a part of the EU’s Single Market and Customs Union, which has implications around VAT for businesses operating in the Republic of Ireland that import from the UK. The Irish government has introduced a facility called postponed VAT accounting for VAT registered businesses to avoid the payment of import VAT at the point of entry.
This new measure allows you to record the VAT on your VAT return rather than paying it at the point of entry into the State but will not apply to goods brought in from Northern Ireland. For the past number of weeks, headlines have highlighted the negative impact of the new Trade and Co-Operation Agreement (TCA) that has come from Brexit. However, in the words of Albert Einstein “In the midst of every crisis, lies great opportunity”. Read on to discover five such opportunities that you could capitalise on.
|
Archives
June 2023
Categories
All
|
-
Business to Business
Providing Step by Step Guidance
Get in touch for your free consulation today
Contact Us -
-
Over 30 Years Experience
Insight into all aspects and types of business
Get in touch for your free consulation today
Contact Us
We create custom business to business strategies. |
SITE MAP |
CONTACT DETAILS
|
|
©
2025 Ryan & Crowley Chartered Accountants