PFG, Picture Framing God
The 75k is for an irish based company.
And if I understand it all correctly it will move to zero as soon as the law is changed in ireland. ..
VAT falls under criminal law....so the law will need to be changed. ..something I understand will happen in ireland sometime next year....other EU countries will fall within the same time frame if they haven't done it already. ..
So if that is for an Irish company, what is it for me? Let's say I sell 1000 euros of physical stuff to Irish customers. Do I register and pay VAT?