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How to Calculate VAT Returns in Ireland

9 min read January 2024

VAT returns can seem complex, but understanding the basics makes the process much simpler. This guide explains how to calculate and file your VAT return in Ireland.

23%

Standard rate

13.5%

Reduced rate

9%

Second reduced

19th

Monthly due date

What is a VAT Return?

A VAT return shows the difference between VAT you've charged (output) and VAT you've paid (input):

VAT Payable/Refundable = Output VAT - Input VAT

Output VAT (Sales)

VAT you charge customers on your sales

Input VAT (Purchases)

VAT you pay on business purchases

Current VAT Rates in Ireland (2025)

RateApplies To
23%Standard rate - most goods and services
13.5%Reduced rate - certain services, fuel
9%Electricity, gas bills, heat pump installation
4.8%Special agricultural rate - livestock
0%Food, children's clothing, books, exports
ExemptFinancial services, insurance, medical

Example Calculation

VAT Period Example

Sales: €50,000 + VAT at 23%Output VAT: €11,500
Purchases: €20,000 + VAT at 23%Input VAT: €4,600
VAT Payable to Revenue€6,900

Step-by-Step: Completing Your VAT Return

1

Gather Your Records

All sales invoices, purchase invoices, bank statements, credit notes

2

Calculate Output VAT

Add up VAT charged on sales, separated by rate (23%, 13.5%, 9%, 0%)

3

Calculate Input VAT

Add up VAT paid on business purchases. Keep valid VAT invoices

4

Complete VAT3 Form

T1 (sales VAT), T2 (purchase VAT), T3 (net), T4 (total sales)

5

Submit and Pay

File through ROS and pay by the 19th of the month following the period

Common VAT Mistakes

Avoid These Errors

  • Claiming VAT on exempt purchases
  • Missing the filing deadline
  • Not keeping proper VAT invoices
  • Applying the wrong VAT rate
  • Claiming VAT on personal expenses

Rate Change Coming

From 1 July 2026, the VAT rate on food, catering businesses, and hairdressing will reduce to 9% from 13.5%.

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