vatWhat is VAT?Value Added Tax (VAT) is a form of indirect tax applied to the value added at each stage of production (primary, manufacturing, wholesale and retail). This tax is much like the sales tax paid in the United States. The standard Irish rate of VAT is 20% which is charged on most products. Services are often charged at 12.5%. Unless stated otherwise the price displayed at retail outlets is the nett price including VAT. How to reclaim VAT?If you are a non-EU country visitor you may reclaim VAT payments. Whenever you make a purchase be sure to ask for a tax-free shopping form. Follow the instructions on the form. |