IMPORT VAT IN IRELAND

As a general rule, EU goods brought into the State from another Member State are not subject to Import VAT. Since the introduction of the Single Market, goods brought in from any of EU country into Ireland are treated in VAT terms as intra-Community acquisitions and goods supplied to other Member States are treated as intra-Community supplies.
But goods imported outside the EU are subject to Import VAT and is calculated based on the rates specified by Revenue.

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WHO CAN CLAIM IMPORT VAT

Traders are required to register for VAT subject to threshold in Ireland. Normally for products if turnover exceeds by EURO 75,000 per annum and for services EUR 37,500, then trader must register for VAT. Or they can register voluntarily. VAT registered person is able to claim back vat where as non registered person will not be able to claim back VAT on Import or purchases.

E-Commerce

From 1 July 2021, all consignments regardless of their value are subject to VAT at the point of importation.

Clothing

All articles of adult clothing and adult footwear are chargeable to Import VAT at the standard rate ie 23%, while articles of children’s clothing and children’s footwear are generally zero-rated.

Softwares

Standard Software – Imports of standardized software on a physical medium, such as a CD or memory stick, are considered to be imports of goods and Import VAT is payable.

Motor Vehicles

New vehicles brought into Ireland from any EU country including Northern Ireland (NI), are subject to Value-Added Tax (VAT). A new vehicle is one which is 6 months old or less, or has travelled 6,000 km or less. The VAT is normally payable at registration in the State.

Importing a vehicle from Great Britain (GB)

From 1 January 2021, an import of a vehicle from GB is treated as an import from a non-European Union (EU) country.

WHAT’S THE NEXT STEP FOR ME TO DO?

If you have any queries, or would like specific advice, then please do not hesitate to contact a member of our team.

call us on +353 (0)1 442 8230, 00353 851477625 or email moh@tasconsulting.ie