Irish Revenue has issued eBrief No. 100/17 to announce a new Tax and Duty Manual on the value added tax (VAT) treatment of payment services. The guidance sets out the VAT treatment of transactions concerning the transfer of money, and in particular, the Revenue position as to how the VAT exemption relating to the transfer of money should be applied. This includes positions on the guiding principles, the status of suppliers, the means by which the service is supplied, physical or technical services, charges for using certain payment methods, and composite and multiple supplies, as well as examples.