CONTINUEThis site uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Find out more.
  1. Front Page
  2. News By Topic
  3. Irish VAT Rate Cut To Be Reversed In March

Irish VAT Rate Cut To Be Reversed In March

by Jason Gorringe, Tax-News.com, London

15 February 2021


The Irish headline rate of VAT will return to 23 percent from March, having been temporarily reduced in response to the COVID-19 pandemic.

Finance Minister Paschal Donohoe told parliament's Budgetary Oversight Committee that it is his intention that the rate "will go back up to its original rate at the end of the planned period."

As part of the Government's July Stimulus Package, the standard rate of VAT was reduced from 23 percent to 21 percent on September 1, 2020. The rate reduction was due to remain in force until February 28, 2021.

However, Donohoe also said that the temporary reduced VAT rate of nine percent for the hospitality sector will continue until the end of 2021.

TAGS: VAT rates | tax | value added tax (VAT) | Ireland | tax rates | tax reform

To see today's news, click here.

 















Tax-News Reviews

Cyprus Review

A review and forecast of Cyprus's international business, legal and investment climate.

Visit Cyprus Review »

Malta Review

A review and forecast of Malta's international business, legal and investment climate.

Visit Malta Review »

Jersey Review

A review and forecast of Jersey's international business, legal and investment climate.

Visit Jersey Review »

Budget Review

A review of the latest budget news and government financial statements from around the world.

Visit Budget Review »



Stay Updated

Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.

By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.


To manage your mailing list preferences, please click here »