Rate Change - Jobs Initiative 2011
Introduction of a second Reduced VAT Rate with effect from 1
July 2011
The Minister for Finance has announced that a second reduced VAT
rate of 9% will be introduced in respect of certain goods and
services (mainly related to tourism) for the period 1 July 2011 to
31 December 2013. The 9% rate applies to restaurant and catering
services; hotel and holiday accommodation; admissions to cinemas,
theatres, certain musical performances, museums and art gallery
exhibitions; fairgrounds or amusement park services; the use of
sporting facilities; hairdressing services; printed matter such as
brochures, maps, programmes, leaflets, catalogues and
newspapers.
This measure will be provided for in the forthcoming Finance
(No. 2) Bill 2011. For more information please go to
http://www.revenue.ie/en/tax/vat/rates/rate-changes-jobs-initiative.html
Further information on the new VAT rate
can be found below:
- Sage Instant Accounts & Sage 50 Accounts
knowledgebase article, click
here.
- Sage Accounts Production/Commercial - Please
contact the support team on 1890 88 20 60
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