Ireland: Ireland ready for VAT Mini-One-Stop-Shop

International Tax Review is part of Legal Benchmarking Limited, 1-2 Paris Garden, London, SE1 8ND

Copyright © Legal Benchmarking Limited and its affiliated companies 2025

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Ireland: Ireland ready for VAT Mini-One-Stop-Shop

lockhart.jpg

broadstock.jpg

Greg Lockhart


Matthew Broadstock

Ireland is preparing for the application of the new EU VAT Mini-One-Stop-Shop (MOSS) regime. The MOSS scheme will apply to businesses that supply telecommunications, broadcasting and electronic services to consumers in Europe. Rather than registering for VAT in each jurisdiction where a business makes supplies of these services to consumers, the MOSS will allow businesses to submit returns and pay the relevant VAT due to member states to the tax authorities of one member state. The MOSS scheme will come into effect on January 1 2015. The Irish tax authorities have sought to ensure that the implementation of MOSS is as smooth as possible. With this in mind, they have issued detailed guidance and indicated their willingness to engage with any businesses who wish to discuss the application of the MOSS scheme to their business.

It is particularly important that Ireland provides a comprehensive and reliable implementation of the scheme due to the large number of providers of electronic services already based in Ireland.

Other developments

A number of other practical changes regarding Irish VAT have been made during the course of 2014:

  • New rules now require the repayment by taxpayers of amounts of VAT reclaimed where the relevant invoice remains unpaid for a period of six months. This will require closer monitoring by taxpayers of unpaid invoices to ensure that such VAT repayments are correctly made.

  • In a further tightening of administrative obligations, the Irish tax authorities are requiring the timely filing of taxpayers' annual Returns of Trading Details. The purpose of such returns is to summarise a taxpayer's taxable activities for the previous 12 months so that it may be reconciled against their regular bi-monthly VAT returns. The Irish tax authorities have now stated that no repayments with respect to VAT or any other taxes will be made where a taxpayer's most recent Return of Trading Details remains outstanding.

  • As sales of property gain pace in Ireland once again, the Irish tax authorities have produced further welcome clarification as to the application of transfer of business relief to sales of property. These clarifications are particularly important as transfers of large portfolios of property are now beginning to take place and the VAT treatment of such transfers can have more long term effects compared to many other business transfers.

Greg Lockhart (greg.lockhart@matheson.com) and Matthew Broadstock (matthew.broadstock@matheson.com)

Matheson

Tel: +353 1 232 2032 and +353 1 232 2543

Website: www.matheson.com

more across site & shared bottom lb ros

More from across our site

If the Reform leader becomes UK prime minister then he may follow the direction of the US in at least one significant way
Trump declared a new national emergency in issuing the order; in other news, Grant Thornton Germany is up for sale and the subject of interest from both its UK and US counterparts
The judgment, which saw Denmark's Supreme Court rely on OECD TP guidance, sets aside more than 15 years of consistent administrative practice, experts have told ITR
Belgium’s new coalition government has gone ahead with a new exit tax regime that could land it in the courts
Brazil’s government has not officially framed the bill as a countermeasure amid trade tensions with the US, but the move is being considered as part of Brazil’s strategic response, one expert tells ITR
Understanding India’s income tax landscape can help charities ensure compliance, optimise tax benefits, and enhance their impact, writes Raghav Bajaj of Khaitan & Co
Tax advisers in Brazil are rising above the country’s notoriously complex tax system to deliver high-quality advisory services, ITR’s exclusive in-house data reveals
ITR’s data has highlighted the US firm’s ambition to become America’s ‘premier’ tax player via a concerted partner recruitment strategy
Jaap Zwaan’s arrival continues a recent streak of A&M Tax investing in the region; in other news, the US and Japan struck a deal that significantly lowered tariff rates
In a world where international tax concepts rely on human activity, Leonard Wagenaar poses existential questions about the future of such ideas when AI is ever-present
Gift this article