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Value Added Tax (VAT) is an essential aspect of the tax system in Ireland, and understanding VAT registration is vital for businesses operating within the country. VAT is a consumption tax applied to the sale of goods and services, and businesses with a taxable turnover above a certain threshold must register for VAT. This guide will explain VAT registration in Ireland, the benefits, the process, and how companies like Chern & Co can assist businesses in ensuring compliance.
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