Chartered Accountants & Registered Auditors
With effect from 1 July 2008 new rules were introduced in relation to VAT on property. Below is a brief summary of these rules. Supply of property Under the new rules, in order for the supply of a property to come within the charge to VAT the property must have been developed and must be … [Read more...]
The present system of recovering VAT on business expenses incurred in other EU countries is cumbersome, as it is carried out manually and applications must be made to the Revenue authorities in each country. Electronic processing is being introduced on 1st January 2010. This will enable … [Read more...]
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