What do we pay tax on goods here in Ireland?

rsta · 09-04-2010 04:30PM #1

I know we pay tax at 21% now on goods, but does that include food?

Is there somewhere I can find a list of everything we pay tax on and how much tax.

ie:
How much tax do we pay on a bottle of wine/ pack of cigarettes/ food/ prescription meds / over the counter meds / clothes?

I've had a look on revenue.ie but can't find anything.

Thanks in advance

Cool Mo D · 09-04-2010 04:50PM

There are a few main personal taxes, and some not so important ones.

Taxes you pay on your salary/ wages.
Income tax: obvious what this is.
PRSI: Paid on incomes, smaller than income tax, to support various social welfare payments and benefits.
Income levy: An income tax

Taxes you pay on goods.
VAT. You generally pay VAT at 21% (I think) on most hings you buy. There is reduced rate of 13.5% VAT on some things, and some things judged to be essential food are VAT free.
Excise duties are paid on various 'bad' or otherwise to be discouraged items - such as beer, wine, spirits, cigarettes, petrol and diesel.
Motor tax, paid yearly by car owners.
Television license fee.
Stamp duty when bying a property

Taxes you pay on profits.
Capital gains tax is paid on making aprofit selling shares and the like
DIRT is a tax paid on the interest you make on money on deposit, in a bank, say.

Bear in mind, that the biggest revenue earners for the government are VAT and Income tax, which bring in about 2/3 of all tax revenue.

What do we pay tax on goods here in Ireland?

Comments