The course examines the rules and regulations of Irish VAT and clearly demonstrates the procedures and controls that should be in place to ensure Irish VAT returns are submitted accurately and on time.
This seminar will give you a complete understanding of Irish VAT, covering all the essentials and giving you the confidence to know you are dealing with Irish VAT correctly.
The course also discusses the penalties that can be applied if Irish VAT returns are incomplete, inaccurate or submitted late.
For details of other VAT seminars please click here.
Classroom: 09:30 - 17:00
- A Seminar Pack containing the information presented on the day
- A Certificate of Attendance
What Will You Learn?
- What is output and input VAT?
- What is a taxable supply in Ireland?
- Which supplies in Ireland should have VAT charged at 23%, 13.5%, 9%, 4.8% and 0%?
- Which supplies are exempt in Ireland?
- What is the difference between zero rated and exempt supplies?
- When does the actual tax point override the basic tax point?
- What should appear on an Irish VAT invoice?
- Can you produce a simplified invoice in Ireland and if so, when?
- How does self billing work?
- What are disbursements?
- How do you complete an Irish VAT return?
- What is required to reclaim Irish input tax?
- What are the Irish rules relating to motor cars?
- Under what circumstances can you recover Irish VAT on entertainment expenses?
- In Ireland should you account for VAT on gifts?
- If you make taxable supplies and exempt supplies in Ireland how do you determine the amount of Irish input tax that can be reclaimed?
- In Ireland can you reclaim output tax on a bad debt?
- When can errors be corrected on an Irish VAT return?
- In Ireland what are the implications of international trade and when should you account for acquisition tax and apply the reverse charge?
Dermot heads up his own VAT consultancy firm: Dermot O’Brien & Associates. He provides expert advice in relation to VAT and Relevant Contracts Tax. The firm is Ireland’s leading and longest established independent VAT consultancy.
He spent 10 years with the Irish Revenue Commissioners before moving into the private sector where he held senior positions with several large accountancy practices before establishing his own firm. He has also been the President of the Irish Taxation Institute and is an expert advisor to the IMF. He regularly presents training courses on VAT and RCT and speaks at conferences.