Press1 Blog 
 

VAT rate increase

On the 1st of Jan 2012 the standard VAT rate increased from 21% to 23%.

The VAT increase will be applied to all charges.

If you are UK VAT registered this VAT change will have no effect as your account will have zero VAT charged.

Q. Why are you charging 23% VAT ?
23% is the new Irish VAT rate where press1 HQ is based.
There are special rules for telecommunications, broadcasting and electronically supplied services.
In the case of business to consumer services are taxable at the place where the supplier is established.
In the case of supply to UK VAT registered businesses no VAT is charged.