Irish VAT legislation was updated in 2019 to provide for the introduction of postponed VAT accounting for those who are registered for VAT in Ireland. This new legislation, however, is still pending a ministerial commencement order, which we expect will issue before the end of 2020 and be effective as from 1 January 2021. The legislation provides that an “accountable person” who imports goods in Ireland will be in a position to self-account for the VAT due in their VAT return rather than paying import VAT upfront at point of entry into Ireland.
Source Deloitte
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