Budget 2024 and VAT or Excise Duties

BUDGET 2024 – INDIRECT TAXES

Budget 2024 proposes some changes to VAT and Excise Duty as follows: VAT Increase in VAT Registration Thresholds The existing VAT registration thresholds are being increased. From 1st January 2024 the VAT registration thresholds will be €40,000 for services and €80,000 for goods. VAT scheme for unregistered farmers The flat-rate scheme compensates unregistered farmers on […]

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