The Irish Government has published proposals to introduce a so-called participation exemption on corporation tax currently paid by corporate shareholders based in Ireland on dividend earnings from foreign holdings. Read more here...
These are the key tax measures in the Budget Statement by the Minister for Finance on 10 October 2023. Click here to view....
The discounted VAT rate for Ireland’s tourism and hospitality industries has expired, bringing it back in line with the normal reduced rate of 13.5%. The government took action in November 2020 to reduce the rate of VAT to 9% for specified sectors to help offset the impact of COVID-19. A lower VAT rate was intended [...]
Today, the Irish government announced additional measures to help businesses deal with the cost-of-living increases. A final extension of the 9% reduced VAT rate for the tourism and hospitality sector for a further six months. The reduced VAT rate was due to expire on 28th February 2023, but has been extended until the end of [...]