Contact Us: 0207 017 8880

Irish members are reminded that the standard VAT rate drops from 23 per cent to 21 per cent from September 1.

This cut will apply until February 28 2021 and is one of a number of measures to help businesses cope with the economic struggles due to the Covid-19 pandemic.

Businesses will also be able to delay payment of their PAYE and VAT for a period without incurring any penalties.

The cut is aimed at decreasing the costs of purchases such as food, alcohol, clothes and motor repairs for Irish consumers.

 

Related Articles

Related Articles

Independent retailers have mixed reaction to increase in minimum unit pricing on alcohol in Scotland

Independent retailers in Scotland have reacted in different ways to the Scottish government’s announcement that it intends to increase the minimum unit price on alcohol from 50p to 65p from the end of September. Hussan Lal, president of the Federation...
Read More

Register for your free National Convenience Show badge

With just weeks to go until doors open to National Convenience Show, part of the UK Food & Drink Shows (29th April – 1st May), those planning a visit are being urged to register for their free badge here ahead...
Read More

Fed welcomes government’s new retail crime crackdown with separate offence for assaulting shopworkers

Independent retailers have welcomed today’s (Wednesday’s) announcement from Prime Minister Rishi Sunak that assaulting a shopworker is to be made a separate offence. Muntazir Dipoti, the National President of the Federation of Independent Retailers (the Fed), said: “We have been...
Read More