- Irish Revenue has opened a public consultation on modernizing Ireland’s domestic reporting systems.
- The consultation seeks businesses’ experiences and challenges with existing e-invoicing and digital reporting programs.
- Ireland will take inspiration from existing domestic reporting systems worldwide.
- The progress of ViDA discussions within the EU Commission and parliament will also influence Ireland’s decision.
- ViDA discussions are moving towards a digital real-time reporting system based on mandatory e-invoicing.
- It is unclear if Ireland will follow this route, as no specific details or timeline have been provided.
Source: meridianglobalservices.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Ireland"
- Ireland’s E-Invoicing Consultation: Positive Steps Toward VAT Process Automation and Modernization
- Louth TD Demands Government Release Data Justifying €632 Million VAT Cut for Hospitality Sector
- Understanding VAT Obligations for Businesses Hiring Influencers in Ireland
- Irish Revenue Updates VAT Registration Rules, Allows Low-Turnover Businesses EU VAT SME Scheme Access
- Irish Revenue Revises VAT Guidelines: New SME Scheme, Thresholds, and Application Process Updates
