VATupdate

Share this post on

Irish Tax Authorities Release Guidance on ViDA and VAT Modernisation Initiatives

  • Irish tax authorities released guidance on ViDA and VAT modernisation
  • ViDA aims to modernise the EU’s VAT system
  • Public consultation on VAT modernisation ran from 13 October 2023 to 31 January 2024
  • Consultation focused on B2B and B2G VAT reporting with eInvoicing support
  • Report on consultation published on 27 June 2024
  • EU Council approved ViDA on 11 March 2025
  • Key implementation dates for ViDA are set for 2028 and 2030
  • Changes include eInvoicing and digital reporting updates
  • Adjustments for online platforms and reducing multiple VAT registrations
  • Next steps involve further development of VAT in the Digital Age initiative

Source: revenue.ie

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.

Sponsors:

Pincvision
VATIT Compliance

Advertisements:

  • Exchange Summit
  • vatcomsult