On May 10, 2022 the Irish Minister for Finance announced the extension of the 9% Value Added Tax (VAT) rate for the tourism and hospitality industry for a further six months. The proposal was approved by Government at the Cabinet meeting of May 10, 2022. The 9% VAT rate will therefore remain for these sectors until February 28, 2023.
According to a press release issued by the Irish Ministry of Finance in this respect, the extension will cover the same goods and services as the original measure: restaurant supplies, tourist accommodation, cinemas, theatres, museums, historic houses, open farms, amusement parks, and hairdressing, as well as certain printed matters such as brochures, leaflets, programmes and catalogues.
The 9% rate for these industries was reintroduced in Budget 2021 from November 1, 2020 to December 31, 2021. Subsequently the measure was initially extended in Budget 2022 to August 31, 2022. The Ministry of finance states that no further extension to this measure is envisaged so the 13.5% rate will apply to these sectors from March 1, 2023.
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