- 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
