VATupdate

Share this post on

Budget Day VAT Update: No Broad Cuts, Higher Farmer Addition, Lower Vaccine Rate

  • No broad new VAT rate cut was announced in the Budget.
  • The farmer flat-rate addition will rise from 4.5% to 4.8% from 2027 to better compensate flat-rate farmers for VAT input costs.
  • The VAT rate on respiratory vaccines for livestock will be reduced to 9% from 2027.
  • These measures follow earlier targeted VAT changes in Budget 2026, including temporary and restored 9% rates for certain services and apartments.

Source: businessplus.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.



Sponsors:

Fiscal Solutions Bottom

Advertisements:

  • advert
  • iopole
  • RTC