- Extension until 28 February 2023 of the 9% VAT rate that applies to gas and electricity. The rate was due to revert to 13.5% on the 1 November 2022.
- Effective from January 2023 0% VAT will apply to newspapers and defibrillators down from 9% and 23% respectively. Hormone replacement and nicotine replacement therapies as well as small number of period products will also become liable to VAT at 0%.
- The Minister also confirmed that the 9% VAT rate for the hospitality sector will not be extended beyond the scheduled date of 28 February 2023 which will be disappointing for the sector.
Source Deloitte
Latest Posts in "Ireland"
- Minister Warns Hotels: Stop Price Gouging or Risk Losing Tax Relief in Upcoming Budget
- Updated Guidelines for VAT Registration: Turnover, Registration Thresholds, and EU VAT SME Scheme
- New VAT Guidance Issued for Broiler Chicken Services Effective September 2025
- Monaghan Farmers Face Rising Costs as New VAT Rules Threaten Poultry Industry
- Transport Firm Loses €112,509 VAT Dispute Over Taxi Rental Services with Revenue Commissioners
