You’ve started earning money from a business idea. Maybe you’ve sent your first invoice, or you’re about to. And now the nagging question: when exactly do you need to register for tax? The short answer is sooner than most people think. The longer...
VAT (Value Added Tax) is a consumption tax charged on most goods and services sold in Ireland. If you’re VAT registered, you collect this tax from your customers on behalf of Revenue and pass it on. Simple enough in theory. In practice, it changes almost...
Most VAT-registered businesses in Ireland file their bi-monthly or quarterly VAT returns without much difficulty. Then once a year, a notification appears on ROS for something called the VAT Return of Trading Details, and the questions start. What is it? How is it...