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.