VAT

We can prepare your VAT return; either from your own bookkeeping records or we can take care of your record keeping and the VAT return.

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VAT is a tax on consumer spending. It is collected by VAT-registered traders on their supplies of goods and services effected within the State, for consideration, to their customers. Generally, each such trader in the chain of supply from manufacturer through to retailer charges VAT on his or her sales* and is entitled to deduct from this amount the VAT paid on his or her purchases.

It is a legal requirement for your company or business to register for VAT if turnover is greater than €37,500 for supplying services, or over €75,000 for the supply of goods.

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