- Budget Day delivered few substantive VAT or other indirect tax changes.
- Ireland is advancing VAT Modernisation with phased mandatory domestic B2B e-invoicing and digital reporting.
- From 1 November 2028, all businesses established in Ireland must be able to receive e-invoices; large VAT-registered corporates must also issue e-invoices and report domestic B2B transactions in or near real time.
- From November 2029, these issuing/reporting requirements will extend to all VAT-registered businesses engaged in cross-border EU B2B trade.
- From 1 July 2030, EU-wide e-invoicing and digital reporting will be mandatory for cross-border EU B2B transactions, requiring Irish domestic systems to align.
Source: businessplus.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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