Irish Revenue recently issued eBrief No. 315/24, which explains the EU VAT scheme for small businesses (SMEs) that applies from 1 January 2025. --- Revenue eBrief No. 315/24 Overview of EU VAT SME Scheme Currently, Member States can set their national Value Added Tax (VAT) registration thresholds within European Union (EU) rules. Usually, businesses operating below these thresholds making domestic supplies of goods and services are not required to register and account for VAT. Information on the thresholds applicable in Ireland can be found in the related topics section. Generally, where an Irish established trader makes supplies in another Member...