Archive for the ‘Vat’ Category
Monday, March 15th, 2010
This is a guest post by Thornton Sports an artificial grass supplier in Ireland.
Many Southern Irish Businesses would welcome a rise in UK VAT rates especially businesses around the boarder area. The current UK VAT rate of 17.5% is 4% lower than the Irish rate of 21.5%. This has been ...
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Monday, January 11th, 2010
The Irish Government dropped the VAT rate back to 21% in the last budget. The VAT rate had been increased by .5% over a year ago in order to raise more tax to make up for the awful mismanagement of the Irish economy.
It made no real difference to the amount ...
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Wednesday, April 9th, 2008
Keeping out of VAT trouble, firstly the best thing is to understand the basics of the paperwork required. The second step is to ensure accurate financial records are maintained and many types of accounting software and bookkeeping software can assist by at the very least producing a required audit trail ...
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Thursday, January 10th, 2008
There seems to be some confusion regarding paying VAT on the purchase of property after Cyprus takes on the Euro beginning in 2008. Many people believe that starting in 2008 all property purchases will have Value Added Tax added to it, which is not the case. Any purchase of property ...
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Wednesday, December 12th, 2007
The Telegraph reported that a Labour think-tank is considering VAT on School Fees. As we all know these items are leaked deliberately to gauge opinion to the policy within the general voting public. It should be well known that not many Labour supporters will have their children at ...
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Tuesday, December 4th, 2007
VAT was introduced in the year 2005 in India. VAT (Value added Tax ) is levied on all goods & services .VAT will replace the present sales tax in India. VAT, in simple terms, is a multi-point levy on each of the entities in the supply chain with the facility ...
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Thursday, November 29th, 2007
Banks, Insurance companies and financial institutions are VAT exempt, generally for most products they supply. Great you would think for the consumer, however it is not as they cannot reclaim any of the VAT they pay on services or goods. Therefore it is all part of the cost ...
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Wednesday, November 21st, 2007
Mary Harney has got herself into a little bit of hot water in Ireland over a condom and VAT. The Minister for Health in Ireland Mary Harney's claim that EU legislation prevents the Government from reducing VAT on condoms is complete rubbish.
She made the gaff yesterday while unveiling of ...
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