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

Restriction of the VAT Flat-rate for Unregistered Farmers (Section 46)

This measure, not announced in Budget 2017, introduces a new section 86A VATCA 2010 which gives the Minister the power to provide that the flat-rate addition payment is not applicable in specific agricultural activities. For example if following a Revenue review, there is a systematic excess payment of the flat-rate addition, such payments may be prohibited in order to prevent excess VAT recovery. Impacted farmers will have the option to register for VAT and recover the VAT incurred under normal rules.