Value added tax (VAT) is payable by a taxable person who engages in:

(a) the supply of goods, or

(b) the supply of services,

within the Republic of Ireland (ROI) for consideration in the course or furtherance of business.

VAT also applies to:

(a) the importation of goods from outside the EU.

(b) the Intra-Community Acquisition (ICA) of:

(i) movable goods (other than new cars, boats, or planes) acquired from a person who is registered, or ought to be registered, for VAT in another EU State, and

(ii) new cars, boats and planes (new means of transport) acquired from a person in another EU State.