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

Commission open to adapting new VAT Place of Supply Rules

In a statement issued last month it appears that the Commission would be open to facilitating changes to the new VAT rules having regard to feedback from member states.

In the statement the Commission acknowledged concerns of micro-online businesses in the UK, clarifying that such businesses will only have to pay VAT on sales made to other EU countries. Domestic sales remain the same. The Commission have stated their intent to evaluate the implementation of the new VAT rules in the context of a potential future extension of the One Stop Shop. It would appear that future adaptations may be very likely.