Tag: VAT
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Budget 2026 in effect: VAT cuts, fuel costs rise, and student grants updated
Budget 2026 measures take effect as midnight arrives As the clock struck midnight, several Budget 2026 measures announced in the Dáil yesterday began to impact households and businesses across Ireland. The government said the new package aims to support hospitality sectors, protect jobs, and invest in students and higher education, even as it navigates global…
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Budget 2026 Live: Core Social Welfare Rise, Wages Up, VAT Cuts and Housing Reforms
Overview of Budget 2026: What changed and why it matters Budget 2026 was delivered amid a climate of cost-of-living pressures and a push to relieve households while funding critical public services. The finance minister confirmed significant social and tax measures, including a €10 weekly increase to core social welfare rates and a series of targeted…
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What the July 2026 Hospitality VAT Cut Means for Businesses
Overview of the VAT Cut The government has announced a VAT reduction for eligible hospitality businesses, with the new rate set to come into effect from July 2026. The measure reduces VAT from 13.5% to 9% for qualifying operators, part of a broader budget package under discussion this week. Crucially, the relief applies to the…
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VAT Cut for Hospitality: What the July 2026 Reduction Means for Businesses
Overview of the VAT Cut for Hospitality In a move expected to ease pressures on the hospitality sector, the government has agreed a VAT reduction for eligible hospitality businesses, set to take effect from July 2026. The rate will fall from 13.5% to 9%, providing a potential savings boost for operators and, indirectly, for consumers.…
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VAT Cut for Hospitality Industry Takes Effect in July 2026
New VAT Cut for Hospitality: Key Details The government has agreed to a VAT reduction for the hospitality sector, set to take effect from July 2026. The move forms part of the Budget package announced on Tuesday as ministers push ahead with measures designed to ease living costs and support businesses. Under the plan, eligible…
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Industry Welcomes VAT at 6% and Calls for Clarity on Ongoing Processes
Industry Welcomes VAT at 6% as a Growth Engine The sector-wide response to the proposed VAT reduction to 6% has been broadly positive, with business leaders pointing to a potentially powerful boost for demand, investment, and job creation. In comments echoed by many associations, the measure is seen as a fundamental instrument to stimulate activity…
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Sector applauds VAT 6% and calls for interpretive rules for ongoing processes
Overview: broad support for VAT 6% The sector welcomed the move to set the value‑added tax rate at 6% for selected goods and services, viewing it as a meaningful incentive to stimulate the market. Industry leaders say the reduction can help lower consumer costs, boost competitiveness, and encourage investment at a time when the economy…