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0:18
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Netcompany
The Case for VAT Transformation in Europe
The EU VAT gap costs governments billions every year. We believe that can change. The numbers speak for themselves: closing the gap from 9.5% to 3% could unlock over €1 trillion in a decade. But the real prize goes beyond revenue. It's the policy tools and crisis resilience that transaction-level data and smart automation make possible. We ...
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Buying the Ring in New York? Jewellery Has 23% Airport VAT Even Romance Has Rules Planning a romantic trip to New York and thinking about buying the ring? Here’s something most people don’t realise: if you bring jewellery back to Ireland from outside the EU, you owe Irish VAT at 23% at the airport. If it’s a finished piece, there may also be customs duty of around 2.5%. You do get a personal allowance of €430. Anything above that is taxable at standard rates. For clear guidance on Irish VAT, cus
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