- Government likely to delay VAT reduction for hospitality until mid-2026
- Potential for 9 percent VAT rate to be extended only to hospitality, not accommodation
- Tax strategy papers suggest separating VAT rates is complex but possible
- VAT cut expected to be introduced mid-year, possibly July 1st
- Full-year cost of VAT cut estimated at almost 1 billion euros
- Mid-year introduction would reduce cost, allowing for other tax cuts
- Programme for government includes support for small to medium-sized enterprises in retail and hospitality
- Changes to VAT, PRSI, and other measures are part of the budget process
Source: irishtimes.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.
