VAT rate reduction for tourism and hospitality sector kicks in today
The Finance Minister said the change was introduced in recognition of the unprecedented challenges facing particular sectors.
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The Finance Minister said the change was introduced in recognition of the unprecedented challenges facing particular sectors.
The court rejected a number of appeals.
Yoga studio owners say social distancing will stretch the sector to its limits.
The Tax Appeals Commission rejected an appeal by the candlemaking firm.
The Taoiseach said he is in favour of a tourism taskforce being set up.
Britain joined the same year that Ireland joined the then-EEC.
The health minister said women are facing significant costs paying for sanitary products.
The idea is backed by Minister for Health Simon Harris.
Currently,13.5% VAT applies to condoms, but the minister wants this brought down to 0%.
The Seanad heard that in many public buildings, such as Leinster House, tampons and sanitary pads cost €2 each.
The minister for finance said reducing VAT on non-alcoholic beverages would be “difficult to administer”.
An increased rate on some food supplements was due to kick in on Friday.
Over half of Irish importers source 75% or more of their imports from the UK.
Budget 2019 reversed a VAT reduction during the recession, but some businesses say it will hit them very hard.
The 9% VAT rate for hotels, restaurants and hairdressing was increased to 13.5% in last year’s budget.
Hotels, restaurants and hairdressers are among those affected.
But the appeal to his Fine Gael colleague, Paschal Donohoe, doesn’t appear to have paid off.
The council settled for nearly €500,000 over under-declaration of VAT.
Leo Varadkar said the government would ‘grasp the nettle’ and increase carbon tax. Today, it failed to deliver.
Industry figures say it could lead to job losses in the sector.
Currently they have a VAT rate of 13.5%.
Ross said big-profit hotels operating in Ireland are damaging the country’s tourism reputation.
Restaurants and hotels express concerns as 1% hike is on the cards.
The cost for a car will drop from €1.75 to €1.40.
An increase of a couple of cent could mean big bucks to the State coffers.
Cutting VAT on new homes would have been a better approach, one economist has said.
John Leamy pleaded guilty in court yesterday.
Seamus Coffey talks through the latest exchequer figures that put Ireland back in the black.
You might be able to refuse showing your card when shopping at some airports, but the DAA said it’s a boarding card scan is obligatory to make a purchase in their outlets.
The Taoiseach’s comments about not increasing taxes have raised some eyebrows.
Judge Nolan said the businessman was “hard working” but that he had to mark the seriousness of the fraud.
A ruling has found that debt management company Money Village will not be subject to VAT.
Everything you need to know in one quick guided tour.
Michael Noonan has said new tax rules are a good thing, but not everyone is convinced.
Fianna Fáil aren’t happy with the Government’s answer.
The Government won’t mind the change – it’s set to receive millions in extra revenue.
SIPTU says customers and workers have missed out on the benefits of the special VAT rate, but businesses say otherwise.
VAT was cut from 13.5% to 9% in July 2011.
In the run-up to Budget 2015, Dr Daragh McGreal looks at the various arguments around lowering the rate of VAT.