Updated on May 30, 2022
This morning, Ireland reversed its temporary COVID VAT rate drop, restoring the regular VAT rate to 23 percent from 21 percent. There will be no change to the reduced rate for tourism and hospitality rates until the end of 2021.
Ireland had already announced a temporary reduction in the Value Added Tax (VAT) rate from 23% to 21% last summer.. The policy was in effect from September 1, 2020, through February 28, 2021.
This was part of a €5.2bn economic package of 50 initiatives that included this policy. According to a government source, the coalition parties made a “late” decision to lower the standard rate. Last-minute wrangling appears to have led to this choice that will benefit the great majority of consumers.
Follow Avalara’s live global coronavirus COVID-19 VAT measures tracker.
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