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Peter Connor Staff September 28, 2016

All VAT registered traders are required to submit an annual Return of Trading Details (RTD).  The Return provides fields for a breakdown of the supply of goods and services, imports and deductible inputs at the various VAT rates and includes all Irish, Intra-EU and non-EU trade.
Mandatory e-filing applies to all VAT registered traders with the exception of a small number of exempted cases. 
The annual period of the RTD is generally based on the company’s accounting period for Corporation Tax.  The due date for submission of the RTD is the 19th of the month following the month in which the accounting period ends, e.g. if an accounting period ends on 31 December 2012, the RTD must be submitted by the 19th January 2013. 
The redevelopment will commence on 1 September 2013 with the introduction of a number of measures to ensure compliance with statutory filing obligations.  Taxpayers seeking repayments or refunds of tax may be requested by their local Revenue District to submit outstanding RTD Returns in order for such repayments or refunds to issue.
The proposed changes will also include a simplified RTD form in ROS (Revenue On-Line Service) while the paper-based RTD will cease.
– Bullet automates all your mid year sales tax returns for Irish clients, the VAT3 Return.
– Bullet also automates your mid year P35’s and and your end of year P35L for payroll.
– Bullet does not generate the RTD VAT Return. That will need to be completed manually.


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