Agreement on restoring 9% rate from 13.5% on food-led hospitality sector, entertainment and hairdressing The incoming Irish Fianna Fail and Fine Gael coalition government is reported in its ‘Programme for Government‘ to have agreed on returning hospitality services back to the 9% reduced rate at
Temporary domestic gas and electricity cut from 13.5% to 9% likely to continue after April 2025 The new Irish Government is likely to prolong the emergency 9% VAT rate on domestic gas and electricity beyond the planed expiry date of 30 April 2025. It is
Despite drop in peak inflation, government extends for fourth time VAT cut on essentials until 31 December 2025 The Cypriot Tax Department has approved a further three-month extension to the temporary reduction in the reduced 5% to 0% on certain essential goods. The rate cut
Temporary domestic gas and electricity cut from 13.5% to 9% extended for fourth time to April 2025 Discussions for the upcoming Irish budget include a further prolongation of the reduced VAT rate on domestic gas and electricity supplies. The current 9% rate, down from 13.5%
Government give further 1-year extension of VAT reduction Croatia’ has prolonged again the cut in VAT on heating from 25% to 5%. Gas would also be held at 5% from its usual reduced rate of 13%. This cut was due to expire from 1 April
Basic foods VAT cut from 7% to zero extended by three months till end of the year The Portuguese government has extended the temporary cut in VAT on basic foods for a further three months until 31st December 2023. This covers a list of 46
Canada issues latest round of Goods and Services Tax refunds of over $220 each to 11 million citizens Canada’s Revenue Agency has confirmed a GST credit refund to over 11 million citizens to help support the less wealthy during the period of heightened prices. Canada
2023 1-year cut in VAT rate from 17% to 16% largely retained by businesses and not passed to consumer Luxembourg’s national statistics agency, Statec, has concluded that the temporary Luxembourg 1% standard VAT cut to 16% has largely not been passed onto consumers. Inflation only
