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Conference Urges Removal of VAT on Wool Products to Boost Sustainability and Rural Livelihoods

  • The European Wool Day Conference in Co. Kerry called for the removal or reduction of the 23% VAT on wool products to support sustainability and competitiveness with synthetic fibres.
  • Participants advocated for a waste tax on non-sustainable textiles and for the European Commission to reclassify wool, currently considered a waste product under EU regulations.
  • The conference highlighted wool’s role in sustainability, the circular economy, and rural livelihoods, emphasizing the need to return value to farmers.
  • Concerns were raised about the aging farming population and the risk of losing agricultural heritage if wool farming becomes unviable.

Source: agriland.ie

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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