- Ireland is transitioning to a digital, real-time VAT environment, starting with eInvoicing for large corporates in November 2028 and expanding to all VAT-registered businesses by July 2030.
- The move aims to harmonise, standardise, and prevent fraud, while boosting digitalisation and competitiveness.
- eInvoices will use structured data aligned with EU standards, improving data quality and compliance.
- The Irish Revenue is engaging with businesses, learning from other EU countries, and piloting the Peppol network to ensure a smooth rollout.
- Businesses are urged to prepare by mapping processes, ensuring data readiness, coordinating across departments, and engaging early with Revenue.
Source: fintua.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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