Value Added Tax (VAT) is a tax that is levied on the sale of most goods and services in Ireland. Listed below are the current VAT rates in Ireland in 2022 . Reduced VAT rates on Gas and Electricity Since May 2022 , there is a temporary reduction of VAT on electricity and gas . The VAT […]
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Capital Acquisitions Tax (CAT) is sometimes also known as Inheritance Tax in Ireland. Capital Acquisitions Tax is a tax charged on money or property that is gifted to, or inherited by, someone.Some people also refer to it as Gift Tax or Inheritance Tax.In Ireland – the recipient is responsible for the tax on the gift […]
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Tax on Exchange Traded Funds in Ireland Taxation of Irish and EU domiciled ETFs Revenue guidance released in April 2015 stated that ETFs domiciled in Ireland & EU would follow the treatment set out in Chapter 1A of Part 27 TCA 1997 for investments in Irish ETFs. This means that Irish and EU domiciled ETFs […]
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In Ireland, the government charge a tax on the interest you receive on savings accounts in Ireland.This tax is known as Deposit Interest Retention Tax or DIRT for short. The rate of DIRT in 2022 is 33% It has been this rate Since January 1st 2020 Banks deduct DIRT automatically from the interest paid on […]
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Budget 2022 Details of Changes The 2022 Budget was announced on October 12th 2021. We will update this post with any news of Budget 2022 as we hear it and it will be updated on Budget day (Oct 12th) as changes are announced. Updated Oct 13th Income Tax It was promised in the Program for […]
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