VAT rate to reverse back to 23%?

Paddyo · 2021-02-05 12:24:18

Hi all Last year the Vat rate was reduced to 21%. The plan by government was to increase this back to 23% (or some other rate) in March of this year. There has been no mention that I have seen as to whether the rate will be change again or if they will decide to leave it as it is. Has anyone heard anything about this?…

05-02-2021 01:24PM

#1

Paddyo

Registered Users, Registered Users 2 Posts: 414 ✭✭

Join Date: June 2003

Posts: 303

Hi all

Last year the Vat rate was reduced to 21%.

The plan by government was to increase this back to 23% (or some other rate) in March of this year.

There has been no mention that I have seen as to whether the rate will be change again or if they will decide to leave it as it is.

Has anyone heard anything about this?

Thanks in advance.
Paddyo

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#2 05-02-2021 04:22PM

Stratvs

Registered Users, Registered Users 2 Posts: 954 ✭✭✭

Join Date: October 2018

Posts: 949

Haven't seen anything about it. It was a temporary reduction. In the absence of any additional action by the government I assume it will revert to the original standard rate on 01/03/21. However as long a month as January was, there's still a lot of February left yet so hold the front page for now.

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