The Minister of Finance has annouced that a second reduced VAT rate of 9% will be introduced in respect of certain goods and services (mainly related to tourism) for the period 1 July 2011 and 31 December 2013.
This measure will be provided for in the forthcoming Finance (No. 2) Bill 2011.
Supplies of goods and services at the new 9% rate:
- catering and restaurant supplies, including vending machines and take-away food (excluding alcohol and soft drinks sold as part of the meal);
hotel lettings, including guesthouses, caravan parks, camping sites etc;
cinemas, theatres, certain musical performances, museums, art gallery exhibitions fairgrounds or amusement park services;
facilities for taking part in sporting activities including green fees charged for golf and subscriptions charged by non-member-owned golf clubs;
- printed matter e.g. newspapers, brochures, leaflets, programmes, maps, catalogues, printed music (excluding books); and
- hairdressing services.
If you would like help or guidance in relation to the new reduced VAT rate, please contact a member of our professional Team on +353 74 912 2820 or email us at: email@example.com.
The information contained in this update may be subject to change and accordingly is not a substitute for professional advice or services, nor should it be used as a basis for any decision or action that may affect your finances or your business. Before making any decision or taking any action that may affect your finances or your business, you should consult a qualified professional advisor. This firm shall not be responsible for any loss whatsoever sustained by any person who relies on this update.