Back in July, as part of a Stimulus Plan , the government announced the “Stay and Spend” Incentive Scheme. The stay and spend incentive is an income tax credit that can be claimed on expenditure on accommodation, food and non-alcoholic drinks. It applies to spending between 1st October 2020 and 30th April 2021. Taxpayers can […]
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In 2011 The Irish government reduced VAT on many services relating to tourism.A temporary second reduced rate of VAT at 9% was introduced with effect from 1 July 2011 to Jan 2019 . The 9% VAT rate applied to the following items and services: (between 2011 and 2019) Catering and restaurant supplies, including vending machines […]
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Jobseekers and Budget 2012 : Although the basic standard rate of Jobseekers Benefit was untouched in the Budget – the government are still going to be reducing total payments by about €87 Million a year as a result of some new rule changes. Currently – if a person is working part time – say 2 […]
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The government jobs initiative announced on May 10th is being funded by new levy which will be applied to funded pension schemes and personal pension plans. The levy will not be applied to pensions in the public sector. The new Levy will apply at a rate of 0.6% to the capital value of assets under […]
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