28 December 2022
From 1 January 2023, the Irish government confirmed it will cut the VAT rate applied to:
- Newspapers and news periodicals from 9% to the zero rate of VAT.
- Some pharmaceutical and health-related products, including defibrillators, non-oral nicotine therapy and non-oral hormone replacement therapy from 23% to the zero rate of VAT.
This was announced as part of a set of measures in the Irish budget for 2023.
The Irish government also confirmed that the temporary VAT rate reduction to 9% in the tourism and hospitality sectors will not be extended, meaning the VAT rate will revert to 13.5% from 1 March 2023.
Are you trading globally? Whether you require basic VAT advice or specific VAT compliance support, Fiscal Solutions can help. Our team of multi-lingual experts are knowledgeable in all the different VAT rules in Europe and around the world.
We help you simplify today’s complexities and address tomorrow’s challenges. The values we represent, and our consistent advice, mean you can trust Fiscal Solutions to do the right thing – for you and your organisation.
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