Ireland is a country in Western Europe that covers almost the entire island of Ireland. The capital is the coastal city of Dublin, the economic capital of the entire region. Like most European countries, Ireland levies a value added tax. In most cases, it is 23%. But there are also some cases when a smaller tax is levied. We suggest you use our simple and fast online value added tax calculator in Ireland. You can choose the tax rate you need and calculate the price, including VAT, or excluding VAT, and you will also see the amount of tax.
What goods and services are taxed at a reduced rate in Ireland
As we already said, the standard tax rate is 23 percent. But today there are also a few reduced tax rates. Below we will talk about each of them.
13.5%. Reduced tax rate or parking VAT
This rate applies to the following types of goods and services:
- Energy area;
- Veterinary medicine
- Short-term car rental. Lease term less than 5 weeks;
- Real estate cleaning services;
- Maintenance and repair of movable property;
- Agricultural contractors;
- Construction;
- Driving schools;
- Fuel area, including coal, gas, fuel oil.
9%. Second reduced VAT rate
This tax rate applies in the field of tourism, namely:
- Hotels and hotels;
- Restaurants
- Cinemas
- Hairdressing salons.
5.2%. Fixed tax rate for farmers;
As a rule, all farming in Ireland pays VAT at this reduced rate. But some categories of agriculture are super taxed.
4.8% Super reduced tax rate, or VAT rate for livestock.
This VAT rate was introduced specifically for livestock, artiodactyls, pigs, stables and so on.
Goods and services which are not subject to VAT
- All goods intended for export
- Brochures and books, except for newspapers, catalogs and some other types of publications.
- Some foods and drinks for humans. These products definitely do not include ice cream, fried nuts, confectionery, chips, popcorn.
- Seeds, plants, tree sprouts needed for food production.
- Feed for farm animals. Pet food excluded.
- Supply of drugs for oral human consumption.
- Some fertilizers supplied in containers from 10 kilograms.
- Drug supplies for the oral consumption of farm animals. Medicines for pets are excluded.
- Some feminine hygiene items, such as tampons.
- Medical equipment for the disabled, including wheelchairs, crutches, orthopedic devices. False teeth, contact lenses and corrective glasses are not included.
- Clothes and shoes for children under 10 years old. An exception is clothing made from natural fur and leather.
- Wax candles
- Some services from commissioners Irish Lights
General VAT Information
VAT is the abbreviation for value added tax. Goods and services are taxed in most countries in Europe, including Ireland, the United Kingdom, Germany and other major economies. In the United States of America, they refused this tax in favor of tax for the final consumer.
The recipient of this tax is the government. Often, it is VAT that brings the largest part of the money to the state treasury. This allows the country to develop and provide its functions, therefore the payment of this tax is required.
© CalcuLife.com
Leave A Comment