- Understanding VAT treatment for influencers is crucial for businesses in Ireland to ensure compliance and avoid penalties.
- VAT obligations depend on the influencer’s VAT status, place of supply, and proper record-keeping.
- Contracts should specify if fees include VAT, and in-kind payments may also be subject to VAT.
- Cross-border services require careful consideration of VAT rules, including the reverse charge mechanism.
- Non-monetary compensation like free products may be taxable, and expert guidance is recommended for compliance.
Source: croninco.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.
Latest Posts in "Ireland"
- Ireland Issues EU VAT SME Scheme Guidance for Small Businesses
- Ireland’s ViDA Roadmap: Phased Rollout of E-Invoicing & Real-Time VAT Reporting
- Government Delays Hospitality VAT Cut to July 2026 Due to High Cost
- Ireland Releases E-Invoicing Roadmap for EU VAT Digital Age Requirements by 2030
- Ireland Announces Phased VAT Digital Rollout for EU ViDA Compliance by 2030
