Ireland Tax Codes

Tax codes determine how much tax is paid on each transaction line item. For NetSuite to calculate correct values on transaction records and tax reports, make sure that the tax codes for Ireland are set up correctly.

For more information on tax codes, see Tax Code Properties and Creating Tax Codes.

Tax Code Table for Ireland

The following table shows the tax properties required to correctly generate the Ireland tax reports provided by the International Tax Reports SuiteApp. The tax code names or letters presented in the table are suggested names or default system preferences. You can rename the tax codes. Tax reports identify transactions by looking at the tax code properties, not the tax code names.

On the New Tax Code or Edit Tax Code page, check the boxes of the properties that apply to the tax code. For more information about tax code properties, see Tax Code Properties.

To understand how NetSuite uses the tax codes to get the values for the Ireland VAT reports, see What goes into each box – Ireland VAT 3 report.

For information about notional rates in EU B2B transactions and VAT reports, see EU Notional VAT.

Important:

Please consult your tax agency for the correct tax rates. The standard rate in Ireland increased to 23%, effective January 1, 2012.

Tax Code	Description	Property	Rate	Notional Rate	Available On
E-IE	Exempt	Exempt	0%	—	Both (Sales and Purchases)
EE-IE	Exempt tax code for intra-community transactions	Effective from January 1, 2021 EC Code Exempt	0%	E-IE	Both (Sales and Purchases)
EFR-IE	Flat-rate compensation percentage for farmers (intra-community)	Effective from January 1, 2021 EC Code	0%	FR-IE	Both (Sales and Purchases)
ELR-IE	Livestock rate for intra-community transactions	Effective from January 1, 2021 EC Code	0%	LR-IE	Both (Sales and Purchases)
ER-IE	EU sales/purchases – reduced rate (goods)	EC Code Reduced Rate	0%	R-IE	Both (Sales and Purchases)
ES-IE	EU sales/purchases (goods)	EC Code	0%	S-IE	Both (Sales and Purchases)
ESPR-IE	EU purchases - reduced rate (services)	EC Code Reverse Charge Reduced Rate Applies to Service Items	0%	R-IE	Purchases
ESR-IE	EC sales/purchases to another EC country – second reduced rate	EC Code Special Reduced Rate	0%	SR-IE	Both (Sales and Purchases)
ESSP-IE	EU purchases (services) Note: This tax code is applicable to intra-community purchase transaction.	EC Code Reverse Charge Code Applies to Service Items	0%	S-IE	Purchases
ESSS-IE	EU sales (services) Note: This tax code is applicable to intra-community sales transaction.	Export EC Code Applies to Service Items	0%	S-IE	Sales
EZ-IE	Zero rated sales tax code for intra-community transactions	Effective from January 1, 2021 EC Code	0%	Z-IE	Both (Sales and Purchases)
FR-IE	Flat-rate compensation percentage for farmers	Effective from January 1, 2021	5.6%	—	Both (Sales and Purchases)
I-IE	Purchase of goods from outside of EU	Import	23%	—	Purchases
IPA1-IE	Postponed import VAT on goods purchased from Great Britain and non-EU countries	Effective from January 1, 2021 Reverse Charge Code Import	0%	S-IE	Purchases
IPA2-IE	Postponed import VAT on goods purchased from Great Britain and non-EU countries	Effective from January 1, 2021 Reverse Charge Code Reduced Rate Import	0%	R-IE	Purchases
IPA3-IE	Postponed import VAT on goods purchased from Great Britain and non-EU countries	Effective from January 1, 2021 Reverse Charge Code Special Reduced Rate Import	0%	SR-IE	Purchases
IPA4-IE	Postponed import VAT on goods purchased from Great Britain and non-EU countries	Effective from January 1, 2021 Reverse Charge Code Import	0%	Z-IE	Purchases
IS-IE	Purchase of services from outside of EU	Import Reverse Charge Code Applies to Service Items	0%	S-IE	Purchases
LR-IE	Livestock rate	Effective from January 1, 2021	4.8%	—	Both (Sales and Purchases)
O-IE	Sale of goods outside of EU	Export	0%	—	Sales
OS-IE	Supply of services outside of EU	Reverse Charge Code Export Applies to Service Items	0%	S-IE	Sales
R-IE	Reduced rate	Reduced Rate	13.5%	—	Both (Sales and Purchases)
RC-IE	Reverse charge sales in country	Reverse Charge Code	0%	S-IE	Sales
S-IE	Standard rate	–	23%	—	Both (Sales and Purchases)
SR-IE	Second reduced rate	Special Reduced Rate	9%	—	Both (Sales and Purchases)
Z-IE	Zero rated sales (home, in country)		0%	—	Sales

Temporary Tax Codes for Ireland COVID-19 Tax Response

In response to the COVID-19 tax relief measure, temporary tax codes with reduced rates are effective on September 1, 2020 until February 28, 2021. The International Tax Reports SuiteApp provisions the following tax codes to accounts with Ireland nexus:

Tax Code	Description	Rate	Effective From	Property	Notional Rate	Available On
S1-IE	Standard rate at 21% from September 1, 2020 to February 28, 2021	21%	September 1, 2020			Both (Sales and Purchases)
RC1-IE	Reverse charge sales in country from September 1, 2020 to February 28, 2021	0%	September 1, 2020	Reverse Charge Code	S1-IE	Both (Sales and Purchases)
I1-IE	Purchase of goods from outside of EC from September 1, 2020 to February 28, 2021	21%	September 1, 2020	Import		Both (Sales and Purchases)
IS1-IE	Purchase of services from outside of EC from September 1, 2020 to February 28, 2021	0%	September 1, 2020	Reverse Charge Code Applies to Service Items Import	S1-IE	Both (Sales and Purchases)
ES1-IE	EC sales/purchases to another EC country (goods) from September 1, 2020 to February 28, 2021	0%	September 1, 2020	EC Code	S1-IE	Both (Sales and Purchases)
ESSP1-IE	EC purchases (services) from outside of EC from September 1, 2020 to February 28, 2021 Note: This tax code is applicable to intra-community purchase transaction.	0%	September 1, 2020	EC Code Reverse Charge Code Applies to Service Items	S1-IE	Both (Sales and Purchases)
ESSS1-IE	EC Sales (services) from outside of EC from September 1, 2020 to February 28, 2021 Note: This tax code is applicable to intra-community sales transaction.	0%	September 1, 2020	EC Code Applies to Service Items	S1-IE	Both (Sales and Purchases)

Tax Code Table for Ireland

Temporary Tax Codes for Ireland COVID-19 Tax Response

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