Tuesday 4 September 2012

Complete the Following VAT Returns: Bi-monthly i.e. VAT 3, Annual





What is a VAT return?
A VAT return is where the business records all the total value of the transactions over a two month tax period. In Ireland this form is called VAT 3 return.


What companies use bi monthly and annual vat returns?
It depends on the value of the vat you are returning. For example a company who makes Bi-annual returns whose total VAT payments for the year are less than €3,000.
To make four-monthly returns this is available to companies whose yearly VAT payments are between the figures of  €3,000 and €14,000.
To make annual vat returns it must be of concession of the revenue commission. This however is only allowed for smaller traders.


Check out this link to learn more about VAT and VAT returns from the Irish Tax and Customs website:


7 comments:

  1. Your blog is excellent and detailed. Thanks for sharing this information. You can keep in touch with them via VAT Returns Services toll-free number +44 20 3627 1872. To have more support, you can visit our site:- VAT Returns UK 
    VAT Returns Services 

    ReplyDelete
  2. I read your article this is a good article about Technology Consulting Services and gives us all information. about VAT Return Services in London,
    vat return service in London

    ReplyDelete
  3. This comment has been removed by the author.

    ReplyDelete
  4. amazing and I read this article..
    keep writing
    also if you are looking online accounting service. Contact us bookkeeper ireland

    ReplyDelete
  5. Very instructive. Like your article. Account Ease is a team of Online accountants furnishing benefits across the UK. We have a team of qualified accountants that are helping individuals, Sole Traders, Inflexible companies, Small Business, Freelancers, Contractors, Landlords, or Start-Up. Please Visit More Information..bookkeeping services uk

    ReplyDelete
  6. Thank you for all the information. Your blog posts always leave me pondering and eager for more.
    VAT Return Services in Barking

    ReplyDelete