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Ireland’s 2024 Budget: VAT Changes and Initiatives

  • Extension of the reduced VAT rate on gas and electricity supplies by one year
  • Reduction in the VAT rate on electronic books and audio books to 0%
  • Reduction in the VAT rate on the supply and installation of solar panels on school buildings to 0%
  • Reduction in the flat rate addition for farmers
  • Changes to the VAT registration threshold for supplies of goods and services
  • Optional VAT registration for entities below the obligatory threshold

Source: kofax.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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