Friday, January 1, 2010

21.5% VAT rate reduces from 1 January 2010

With effect from today the 21.5% VAT rate has been reduced to 21%.

Zero rated, exempt and 13.5% goods and services are not affected by the change.

From today, you should ensure that all sales invoices issued should reflect this change.

Further detailed information can be found on the Revenue website at:

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