TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

New VAT Place of Supply Rules and Mini One Stop Shop

Revenue has published Tax Briefing Issue 02 of 2014 which deals with the new EU VAT place of supply rules for telecommunications, broadcasting and e-services to consumers which will come into effect from 1 January 2015. (For Chartered Accountants dealing with UK VAT issues, the HMRC action is reported on below).

The Tax Briefing also covers the new special scheme known as the Mini One Stop Shop (MOSS) which will allow business to submit returns and pay the relevant VAT due to Member States through the web portal of one Member State. It is expected that businesses will be able to register for MOSS with effect from 1 October 2014. Further details are set out in Tax Briefing Issue 02 of 2014 which is published here of this issue of tax.point.

The new place of supply rules will impact businesses operating in throughout the EU. The UK HMRC has also published guidance on these new rules and details of the MOSS.