Ireland’s New Guidelines for Cross-border EU VAT SME Scheme: Key Rules and Registration Process

• Irish Revenue published guidelines for the EU VAT SME Scheme effective January 1, 2025
• Guidelines cover application, registration, and obligations for SMEs
• SMEs must have EU-wide turnover below EUR 100,000 for current and previous years
• Turnover must also be below the national threshold of the EU country where applying
• Turnover includes taxable goods and services, immovable goods, financial transactions, and insurance services, excluding VAT
• Registration is online through Revenue’s Online Service platform
• No backdated registration allowed
• Quarterly turnover reports required for all EU countries
• SMEs can leave the scheme voluntarily if no longer beneficial

Source: vatabout.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.

---

---