In June 2016, the Council of the EU published a directive dealing with the VAT treatment of vouchers. The purpose of the directive is to harmonise the treatment of vouchers throughout the EU. The changes will affect retailers, certain telecom providers and businesses which buy and sell vouchers.
This briefing looks at:
- the current treatment of vouchers under Irish legislation;
- application of the new rules;
- when will the changes take effect?;
- summary of new rules; and
- planning ahead.
Read the full briefing