March 23, 2009

VAT - Imports

Posted in Your Ideas ·
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Imports into Ireland are VAT free — locally produced products incur VAT. In a business environment where cash is all important – if a product is same price imported or home produced — the purchaser will be better of by the amount of the VAT — 21.5% in cash flow – if they import. Having been in the furniture business – this was a major driver of business decisions and undermined industry here.