- Finance (No. 2) Bill 2026 advances Ireland’s VAT modernisation programme, including mandatory electronic invoicing and digital VAT reporting, starting 1 November 2028.
- From 1 November 2028, VAT-registered large corporates in Ireland must issue e-invoices and report domestic B2B transactions in near real time; all Irish businesses must be able to receive e-invoices from that date.
- From 1 November 2029, domestic e-invoicing and reporting obligations extend to all VAT-registered businesses engaged in cross-border EU B2B trade.
- From 1 July 2030, EU-wide mandatory e-invoicing and digital reporting will apply to cross-border EU B2B transactions, requiring Irish businesses to align with the EU regime.
- The Bill also includes targeted VAT/excise measures for financial services, vaccines for livestock, flat-rate farmers, and certain excise duty categories.
Source: kpmg.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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