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Changes to VAT filing

  • 23-07-2007 11:55am
    #1
    is_that_so
    Registered Users, Registered Users 2 Posts: 32,136 ✭✭✭✭


    Got good news from Revenue this morning about new bi-annual arrangements for VAT filing. Now it will only be twice year as against the current 6 . Effective from July 2007.


Comments

  • #2
    Savman
    Closed Accounts Posts: 8,323 ✭✭✭Savman


    Good news for some, bad news for others :(


  • #3
    dahamsta
    Banned (with Prison Access) Posts: 16,659 ✭✭✭✭dahamsta


    Is this across the board? My accountant told me that some businesses do one, others have to do the other. Can't see anything obvious on Revenue.ie.

    adam


  • #4
    EKRIUQ
    Registered Users, Registered Users 2 Posts: 4,387 ✭✭✭EKRIUQ


    I've two business and I got the notice for one yesterday saying its going to go twice yearly and I don't mind because the returns are never that much

    but, I got no notice for my other business as I don't want it to go twice yearly as I'd be talking serious money at the end of the year and half way through I'd have to come up with some arrangement with them maybe a standing order like years ago on a monthly basis.

    I'd say the lower your return then your on a twice yearly the higher and nothing changes.


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