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Ireland’s Finance Bill 2024: Changes to VAT Registration Thresholds and AIF Management Exemption

  • Ireland published Finance Bill 2024 on 10 October 2024
  • The Bill implements changes announced by the Minister for Finance in Budget 2025
  • Additional amendments to the Irish tax code are included
  • VAT registration thresholds will increase from €40,000 to €42,500 for services and from €80,000 to €85,000 for goods effective from 1 January 2025
  • The VAT exemption for management of EU alternative investment funds applies to all EU AIFs, including those registered with a relevant competent authority.

Source: matheson.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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