Time for a VAT check up?

Our Tax Manager Sarah Kelly gives HLB International a VAT update from Ireland, writing about the importance of a VAT check up and how VAT continues to be a popular focus of Revenue audits.

As a Fiduciary’ taSarah Kelly's VAT Healthcheck Articlex Revenue does not collect VAT directly but relies on the business person as collection agent on their behalf,  placing serious responsibilities upon the business to correctly charge and collect VAT – and they can face series penalties if they do not carry out these duties correctly.

Click here to read the full article.