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Distance Selling, Thresholds and VAT

  • 03-04-2018 9:17pm
    #1
    L.Jenkins
    Moderators, Computer Games Moderators, Technology & Internet Moderators Posts: 19,241 Mod ✭✭✭✭


    A quick question. I'm trying to wrap my head around distance selling, thresholds and varying VAT rates. To describe my own background, I'm a trainee accountant, having completed formation 1 with the CPA. So I haven't quite covered the basics yet.

    What I'm trying to understand is, thresholds. For example, selling from Ireland to France. I believe the threshold is €35,000 before French VAT applies. My question is, once that threshold has been met, does one pay VAT on sales here in Ireland and in France?

    I don't know where my line of thinking or thoughts on the matter seem to be going wrong. The idea of paying VAT on sales in 2 Countries seems a little baffling.

    I ask as this is apart of my role now, to get my head around these things, as well as handling Accounts Payable, Invoicing, Bookkeeping and Accounting.


Comments

  • #2
    Lockedout2
    Registered Users, Registered Users 2 Posts: 402 ✭✭Lockedout2


    If it’s VATable in France then it’s not VATable in Ireland!


  • #3
    L.Jenkins
    Moderators, Computer Games Moderators, Technology & Internet Moderators Posts: 19,241 Mod ✭✭✭✭L.Jenkins


    Thanks LockedOut.


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