Who must register for VAT?

An accountable person must charge VAT on goods or services supplied, within the Republic of Ireland, for consideration, in the course or furtherance of business carried on by you. You are an

accountable person if:

(a) your turnover from the supply of goods liable to VAT exceeds, or is likely to exceed, €75,000 in a continuous 12 month period,

(b) your turnover from the supply of services liable to VAT exceeds, or is likely to exceed, €37,500 in a continuous 12 month period,

(c) the value of your Intra-Community Acquisitions (other than new boats, planes, vehicles and excisable goods) acquired in the course or furtherance of business exceeds €41,000 in any continuous 12 month period,

(d) you are not established in the Republic of Ireland but you make taxable supplies in the Republic of Ireland, for example a foreign construction firm who carries out construction work in the Republic of Ireland,

(e) your turnover from distance sales (for example mail order sales) into Ireland exceeds €35,000 in a year,

(f) you dispose of a taxable interest in developed property.

If you are not an accountable person you do not register unless you so elect.