TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

VAT treatment of COVID-19 vaccines and testing kits

Revenue published an update to the guidance note – Temporary VAT Measures Relating to COVID-19. The update relates to the VAT treatment applicable to supplies of COVID-19 vaccines and testing kits.

Subject to certain conditions, supplies of COVID-19 vaccines and COVID-19 testing kits, and services closely linked to both, are concessionally zero-rated supplies from 12 December 2020 until the enactment of Finance Bill 2021.

In order for a service to be considered closely linked, it must be directly linked and necessary for the supply of those vaccines and testing kits.

See eBrief No. 010/21 for further details.