Summary
In the Irish Budget 2021, it was announced that the VAT rate applicable to certain goods and services, primarily in the hospitality and tourism sector, would temporarily be reduced from 13.5% to 9%. This reduced rate has been extended to last until 31st August 2023.
What's changing?
To help businesses mainly in the hospitality, holiday accommodation and attractions sectors, the Irish Government reduced the rate of VAT from the reduced rate of 13.5% to the second reduced rate of 9% on a temporary basis. This will revert back to the 13.5% reduced rate from 31st August 2023. Details of the reduction can be found on the Budget 2023 website.
This change applies to:
- The supply of restaurant and catering services, guest and holiday accommodation.
- Various entertainment services such as admission to cinemas, theatres, museums, fairgrounds and amusement parks.
- Hairdressing and certain printed matter such as brochures, maps and programmes.
Details of the reduction can be found on the Budget 2023 website.
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Resolution
Below is a link to a document for VAT rate changes.
VAT rate changes
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