Value Added Tax Consolidation Act 2010 section 69

Invoices or credit notes - errors, etc.

Section 69 addresses the consequences where VAT invoices or credit notes contain incorrect tax amounts, where unregistered persons issue VAT invoices, and where flat-rate addition amounts are improperly invoiced or credited.

• An accountable person who overstates VAT on an invoice or understates VAT on a credit note must pay the excess or deficiency to Revenue.
• An unregistered person who issues an invoice showing a VAT amount is treated as an accountable person and must pay that VAT to Revenue.
• A person other than a flat-rate farmer who issues an invoice stating a flat-rate addition amount is liable to pay that amount to Revenue as tax and is treated as an accountable person.
• A flat-rate farmer who issues a flat-rate invoice for a fictitious supply, overstates the flat-rate addition, or fails to issue or understates a farmer credit note must pay the relevant amount to Revenue as tax.