Value-Added Tax (Amendment) (No. 2) Regulations 2009 (S.I. 577 of 2009)

The Revenue Commissioners have made Regulations under the Value-Added Tax Act 1972 concerning the operation of VAT.

These Regulations amend the Value-Added Tax Regulations 2006 (S.I. No. 548 of 2006):

• to update Regulation 14 in relation to the VIES statements, consequential to the European Communities (Value-Added Tax) Regulations 2009 enacted in December 2009, which transposed Council Directive 2008/117/EC;
• to update Regulation 23 in relation to the refund system for foreign traders under Council Directive No. 86/560/EEC; this is consequential to the European Communities (Value-Added Tax) Regulations 2009 enacted in December 2009, which transposed Council Directive 2008/9/EC in relation to the new electronic refund system for foreign traders;
• to amend Regulation 16A in relation to bad debt relief to clarify the time period during which the rule regarding connected parties applies;
• to amend Regulation 31 in relation to invoices issued in the period 1 January 2010 and 30 June 2010 (the transitional period) in respect of second hand means of transport.

These Regulations come into effect on 1 January 2010.

A copy of the Regulations can be accessed on the Revenue website or purchased from the Government Publications Sales Office.