In February, Revenue confirmed that Phase One of Ireland’s VAT Modernisation programme will apply to “large corporates” and clarified how this category is defined for the purposes of the programme. Revenue has now commenced issuing letters, via ROS only, to VAT registered large corporates and their VAT agents, advising the businesses of the criteria for inclusion under Phase One. To avoid overloading agent’s ROS inboxes, agents were issued with a tailored notice that listed their impacted clients and provided with a template of the letter that their clients received.
We previously provided readers with an update on the rollout which you can read here. Businesses or agents with any questions, should email VATmodernisation@revenue.ie.
As some businesses do not actively or regularly check their ROS inbox, or may have a lapsed ROS certificate, Revenue is encouraging agents to bring the letter to the attention of their clients, given its importance.
LOADING...