Important Notice for all Financial Controllers and Senior Managers

1. Introduction of Services to the VAT Information Exchange System – VIES.

Council Directive 2008/8/EC (amending Directive 2006/112/EC) provides with effect from 1 January 2010 Irish VAT registered suppliers must submit a VIES statement detailing all the VAT registered customers in other Member States to whom he/she has supplied services in respect of which that customer is liable for payment of the VAT due. Traders may submit on a quarterly basis or monthly if preferred. Please see the relative EU directive 2008/08/EC as per attached link: http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2008:044:0011:0022:EN:PDF

2. Introduction of Monthly Filing Conditions for VIES in Respect of Supplies of Goods.

Council Directive 2008/117/EC (amending Directive 2006/112/EC) provides that Irish VAT registered suppliers involved in intra-community supplies of goods must submit a VIES Statement monthly from 01/01/2010 if the supplies exceed €100,000 in any of the previous four quarters. This threshold will be reduced to €50,000 from 01/01/2012. Irish VAT registered suppliers whose intra-community supplies do not exceed the threshold may report quarterly. Please see the relative EU directive 2008/117/EC as per attached link: http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2009:014:0007:0009:EN:PDF

The EU legislation is presently being transposed into Irish VAT law. Information on this will be available on website when the legislation is finalised.

In line with Revenue's electronic approach, all VIES Statements should be e-filed through Revenue On-line Service,

If you are involved in Supply of Services to other Member States please register with VIMA as soon as possible.

For further information please contact the VIES Section in VIMA via email @ vimahelp@revenue.ie or LoCall 1890251010.