Contact Us: 0207 017 8880

Confirmation that the Irish government is to consider reducing or abolishing VAT on newspapers has been welcomed by the Fed (Federation of Independent Retailers).

Print and online publications are currently subject to 9 per cent VAT. In a bid to address the difficulties facing the news industry, the Fed is calling for the tax to be removed altogether.

The federation’s Irish president Martin Mulligan, who owns a store in Athlone, said: “We strongly believe that VAT on newspapers should be abolished completely. This would reduce cover prices and encourage more people to buy newspapers and benefit everyone in the news industry, including publishers, wholesalers and retailers.”

Mr Mulligan also repeated calls for wholesalers to abolish carriage charges and an end to dual supplies of newspapers by publishers.

He added: “Retailers are paying up to €150 a week in service charges and it is crippling small businesses. The fact that our newspapers are supplied by two different wholesalers just makes the situation worse because we are paying twice.”

 

 

Related Articles

Related Articles

The Fed Awards 2024 finalists have been announced!

Ahead of the Fed Awards 2024 taking place in June, judging has now commenced and the finalists for each category have been finalised! Congratulations to all members who have been shortlisted, and thank you for your entries. We look forward...
Read More

London mayoral candidate pledges support for capital’s independent retailers

Ahead of tomorrow’s London mayoral elections (Thursday, May 2), the National President of the Federation of Independent Retailers (the Fed) met with Independent candidate Tarun Ghulati to lay bare the key pressures that members in the capital face. During the...
Read More

Menzies have achieved CCA Global Accreditation for the 12th consecutive year

Menzies’ commitment to best in class customer service has been recognised with accreditation from the CCA Global Accreditation for Customer Experience for an incredible 12th consecutive year. Menzies’ Customer Service Centre is led by Fiona Campbell, winner of last year’s...
Read More