VAT Developments in Ireland since June 1, 2021

Reporting

• Revenue eBrief No. 138/21 – Filing Guidelines for DAC6

Customs

• Customs Manual on Import VAT – Revenue eBrief No. 130/21 of 1 July 2021

Deduction of VAT

• VAT deduction on costs incurred in relation to the acquisition of a reversionary interest in a property subject to a legacy lease

VAT Rates

• Extension of the reduced rate of VAT of 9% on Hospitality and Tourism until 1 September 2022
• Government urged to extend 9% VAT rate further than currently planned

E-Commerce/One Stop Shop

• Irish Revenue Issues Reminder on Upcoming Changes in EU VAT Rules for Imported Goods
• Registration under the One Stop Shop/Import One Stop Shop
• VAT eCommerce Rules – 1 July 2021 – Revenue eBrief No. 126/21
• VAT Treatment of Intra-Community Distance Sales of Goods – Revenue eBrief No. 132/21

Other

• Clamping firm liable for €1.7m in VAT, court rules 
• Use of yacht for promotional vs. private purposes & place of supply