All the updated news related to vat

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National News

Cost of home heating oil falls but is still nearly double last year's price

The cost of home heating oil has crept up again in recent days but is still significantly lower than it was in early June. The average cost for filling 500 litres - about half the size of a standard oil tank - now stands at €658.31, slightly up on ...

23 Aug 2022 at 12:44

National News

Ireland in discussions with EU on fuel VAT reduction

Ireland is in discussion with the EU over a possible reduction of VAT on fuel prices Tánaiste Leo Varadkar has confirmed. "We are looking for some more flexibility so that if we need to, we might be able to do more to help people to absorb the ...

24 Mar 2022 at 15:57

National News

Govt urged to cut VAT and excise on fuel and home heating oil

Ireland should seek permission from the European Council to get a VAT reduction on energy bills, according to Sinn Fein leader Mary Lou McDonald. "We know that there are more energy hikes coming down the tracks, she told the Dáil. However, ...

22 Mar 2022 at 18:28

National News

Cabinet signs off on lower VAT rate plans

The Cabinet has signed off on plans to give an additional €100 fuel allowance payment and to temporarily reduce the VAT rate on gas and electricity from 13.5% to 9%. The plans were rubberstamped by the Government as part of its plans to ...

13 Apr 2022 at 15:19

Reduced VAT rate for hospitality set to continue

National News

Reduced VAT rate for hospitality set to be extended

The lower VAT rate for the hospitality sector “will be brought back up” but in a way that “doesn’t adversely hit the industry”, Minister for Transport Eamon Ryan said. The hospitality sector has a VAT rate of 9%, which is due to expire ...

10 May 2022 at 12:24

National News

Taoiseach claims energy VAT cut will ‘more than make up for carbon tax’

A plan to temporarily cut the VAT rate on energy will “more than make up for” the planned carbon tax, Taoiseach Micheal Martin has said. The Taoiseach, Tanaiste Leo Varadkar and Green Party leader Eamon Ryan discussed on Monday a ...

12 Apr 2022 at 15:38

National News

Hospitality VAT rate of 9% to be extended for another six months

The Government will extend the lower VAT rate for the hospitality sector for another six months, the Irish Finance Minister has announced. Paschal Donohoe said the 9% rate will stay until 28 February 2023. Mr Donohoe said the ...

10 May 2022 at 15:43

National News

Almost three-quarters of non-Dublin pubs say they have recovered from pandemic

Almost three-quarters of publicans outside Dublin say turnover is now similar or greater than before the Covid-19 pandemic, with many expected to upgrade their pubs in the coming year. A new survey shows the vast majority ...

14 May 2023 at 11:00

National News

O’Brien ‘not looking for’ construction sector VAT reduction

Housing minister Darragh O’Brien has appeared to rule out a reduction of the VAT rate for residential construction. A reduced VAT rate of 13.5% currently applies to construction but a recent review of the Tax Strategy ...

19 Jul 2023 at 19:59

National News

Wetherspoons dropping food and drink prices for a day to highlight tax burden

Wetherspoons pubs are cutting the prices of all food and drinks for one day this week in a bid to highlight the tax burden on the hospitality industry. The chain will reduce prices by 7.5% in pubs across the UK and ...

04 Sept 2023 at 12:22

National News

‘The riots were the final nail’: Dublin restaurant owner on business challenges

A Dublin cafe owner has spoken about the challenges of high electricity bills, an increased VAT rate and rising staff costs – adding that the Dublin riots in November were “the final nail in the coffin”. Will ...

21 Jan 2024 at 18:46

Local News

Laois Offaly TD says 'stratospheric' energy costs closing businesses left, right and centre

A Laois Offaly TD says businesses are closing left right and centre due to ‘stratospheric’ energy price increases. Deputy Carol Nolan made the comments while calling on the government to retain the 9% VAT ...

25 Jan 2023 at 14:53

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home heating oil
VAT

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