Many manufacturers based in Ireland utilise a relief known as a 56B authorisation to obtain goods and services at a VAT rate of 0%. Often referred to as a ‘13B’ in reference to the 1972 VAT Act, 56B authorisations are seen as a very beneficial relief for companies whose main income derives from the sale of goods that move away from Ireland when sold.
In this article, we work through the technical issues and practical implications of 56B authorisations focusing on some of the benefits and common pitfalls for companies that hold the authorisation.
Source Deloitte
Latest Posts in "Ireland"
- Irish Revenue Revises VAT Guidelines: New SME Scheme, Thresholds, and Application Process Updates
- Irish Revenue Updates VAT Registration Guidelines: Online Applications, Turnover Requirements, and SME Regime Details
- Minister Warns Hotels: Stop Price Gouging or Risk Losing Tax Relief in Upcoming Budget
- Updated Guidelines for VAT Registration: Turnover, Registration Thresholds, and EU VAT SME Scheme
- New VAT Guidance Issued for Broiler Chicken Services Effective September 2025
