IFA Meet Revenue Commissioners on VAT Refund Issue
IFA President Francie Gorman led a delegation to meet the Revenue Commissioners this week on the issue of VAT rebates to farmers who have carried out essential works on their farms. Under VAT 58 rules, farmers who aren’t registered for VAT, can reclaim VAT on certain capital expenditure items. Issues have arisen in recent months […]
EY reacts to Budget 2023: Sustainability, Economic Impact, Housing, R&D, VAT and Small Benefits Exemption
Stephen Prendiville, Head of Sustainability, EY Ireland: “Between addressing the immediate and critical needs generated by the trilemma facing Irish business and individuals (energy, inflation, supply chains), and also maintaining a focus and momentum for positive climate action and sustainability – Budget 2023, more than most in the past, had to get the balance […]
Reduced VAT Rate Results In New Jobs In Tipperary
In Q1 2018 alone, 171,700 workers were employed directly in the Accommodation and Food Services sector and the total gross annual wage paid to those workers was €3.98 billion. In Q1 2018, it is estimated that 5,790 workers were employed directly in the Accommodation and Food Services sector in County Tipperary. Total employment in the […]
Jump In Jobs In Hotels And Restaurants
Jobs for chefs, hotel workers and restaurant staff are up according to the latest IrishJobs.ie Jobs Index. IrishJobs.ie, Ireland’s number one recruitment website, recorded a 22% year on year increase in vacancies in the hotel and catering sector, with fierce competition within the industry to recruit experienced chefs. The sector’s 9% tourism VAT rate, […]
Revenue Offers Some Timely Advice To Shoppers
In the busy run up to Christmas, Revenue is advising shoppers to be wary. Some deals really are just too good to be true, and what looks like an attractive offer can ultimately be an expensive or even a dangerous, mistake. The important things to remember are: Online Shopping has Tax and Duty Implications Whether […]
Reduced VAT rate results in 735 new jobs in Tipperary
According to a report published by the Restaurant Association of Ireland, 735 new jobs in the Food, Tourism and Hospitality sectors have been created in Tipperary since the reduced VAT rate of 9% was introduced in July 2011. To highlight the scale of job creation, the Report compares the number of direct new jobs to a major […]