Includes:
- Alignment of the definition of immovable goods with the definition applied for the purposes of the VAT Directive (2006/112/EC)
- 9% VAT applies from 1 November 2020 to 31 December 2021 to the supply of restaurant and catering services, guest and holiday accommodation and entertainment services such as admissions to cinemas, theatres, museums, fairgrounds and amusement parks. It will also apply to hairdressing and the sale of certain printed matter such as brochures, maps and programmes
- Flat-rate addition for farmers is increased to 5.6%
- Appointment fiscal representative: transpose the second subparagraph of Article 204(1) and Article 205 of (Council Directive 2006/112/EC) in respect of the appointment of a tax representative by a non-established trader and the application of joint and several liability in respect of that representative
- Exemptions applied to supplies of goods and services to NATO forces: Transpose of relevant provisions of Article 151(1) and Article 143(1) of the VAT Directive in respect of exemptions applied to supplies of goods and services to NATO forces and, with effect from 1 July 2022, to supplies of goods and services to forces of Member States undertaking a common defence effort under the Common Security and Defence Policy (CSDP) of the EU.
- Zero-rating PPE’s: temporary zero rating of personal protection equipment, thermometers, hand sanitiser, oxygen, medical ventilators and specialist respiratory equipment including respirators for intensive and sub-intensive care and other oxygen therapy apparatus including oxygen tents, supplied to the Health Service Executive and other health facilities for use in the delivery of Covid-19 related health care services. It also provides that the Minister is required to extend this period if the European Commission makes a decision to extend it
- All supplies of guest and holiday accommodation are taxable at the reduced rate of VAT
- Application of the standard rate of VAT to all candles, with effect from 1 January 2021
- Application of the reduced rate of VAT to certain sanitary products, with effect from 1 January 2021
- Application of the reduced rate of VAT to admission fees to amusement parks/fairgrounds, as provided for in the VAT Directive (2006/112/EC).
Source Finance bill 2020
