Revenue Publish Tax and Duty Manual “VAT – Postponed Accounting”

VAT

Revenue have published a new Tax and Duty Manual VAT – Postponed Accounting. It contains information on procedures, conditions and the operation of the new postponed accounting system for import VAT. The publication of this manual brings welcome clarification for traders importing goods to Ireland from all non-EU countries (including the UK post-Brexit) from 1st January 2021.