6 November 2015
A recent Irish budget confirmed that the supply of hotel accommodation will continue to be liable to the reduced Irish VAT rate of 9%. This is in spite of pressure on the Government to increase this to the standard VAT rate of 23% to reduce the budget deficit. Most EU countries offer a reduced VAT rate on tourist-related services including hotel accommodation to help boost the tourism industry.
Ireland is also proposing to extend the use of a domestic reverse charge to include the wholesale supply of gas, electricity and the sale of energy trading certificates. This is an anti- fraud measure to try to counter missing trader fraud.
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