New EU legislation came into effect from 1 January 2010 which will bring in a range of VAT changes known as the ‘Vat Package’ across the EU. The Minister for Finance signed the EU ‘VAT Package’ Regulations S.I. No. 520 of 2009 which amends the Irish VAT Act 1972 and gives effect to the new EU legislation in Ireland.

The Regulations cover changes to; the place of supply of services, a new regime for the intra-Community refunds of VAT, the requirement for recapitulative (VIES) statements for intra-Community supplies of services and the requirement for monthly VIES statements for goods.

Revenue has issued a leaflet which sets out the new intra-Community VAT rules on place of supply for services. The changes to the place of supply rules will be implemented over a period of 5 years, however most changes came into effect on 1 January 2010. The leaflet can be accessed below at 2.05.

As previously notified in eNews, Revenue published Tax Briefing Issue 76 in September, which set out the new procedures for making EU VAT repayment claims from 1 January 2010. The new Directive will allow traders and/or their agents to submit applications for the refund of VAT incurred in another EU State electronically from 1 January 2010. Tax Briefing Issue 76 is at 2.06.