Tag Archives: VAT cut

Ireland’s hospitality sector is set to receive a long-anticipated boost, as the government has agreed to include a Value Added Tax (VAT) reduction in next year’s national Budget. The measure, part of Tuesday’s €9.4 billion Budget package, is designed to provide relief to restaurants, cafés, and other service-based businesses—but it won’t take effect until mid-2026. VAT Reduction Details Under the …

Minister for Finance Paschal Donohoe has confirmed that the Irish Government is not currently considering introducing a new wage subsidy scheme in response to the recent US tariffs imposed on European Union imports. Speaking on RTÉ’s This Week programme, Donohoe emphasized that the current situation differs from the Covid-19 pandemic and that broad wage subsidies, like those used during that …