- From August 2025, Variable Direct Debit (VDD) will be available for VAT payments, replacing existing ROS Debit Instruction (RDI) and Fixed Direct Debit (FDD) schemes.
- VDD requires a switch from annual to bi-monthly VAT returns, with Revenue debiting the actual balance due every two months.
- Benefits include earlier access to VAT credits, improved visibility of VAT position, fewer payments (maximum six per year), automatic timely payments, and no need for year-end balancing payments.
- The change to bi-monthly filing may increase administrative costs for small businesses, but reduced filing/payment options remain available for those who qualify.
- VAT customers can set up and manage VDD through the Payments Hub in ROS.
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.
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