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Ireland Implements Finance Act 2023, Increasing VAT Registration Thresholds

  • Law No. 39 of 2023, Finance (No. 2) Act 2023, was published in the Irish Official Gazette on Dec. 22, 2023
  • The law implements Budget 2024
  • The law increases the VAT registration threshold for services to 40,000 euros and for goods to 80,000 euros, effective Jan. 1, 2024

Source: news.bloombergtax.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.

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