There was always a commitment to increase VAT in Ireland from 21% to 23% by 2014 – as agreed with the IMF/EU in the four Year Plan. This has been on the cards since November 2010
It was confirmed in Budget 2012 that this 2% increase is to be brought forward to January 1st 2012 . The top rate of VAT is now increased from 21% to 23% .
The 13.5% VAT rate on fuel remain unchanged.
VAT on “tourist related” services will remain at a reduced rate of 9% – see categories of products and services with lower 9% VAT here
There is a 4.8% rate of VAT specifically for agriculture. It applies to livestock (excluding chickens), greyhounds and the hire of horses
The Zero Rate of VAT applies to tea, coffee, milk, bread, most food and groceries , books, children’s clothes and shoes, oral medicine for humans and animals, vegetable seeds and fruit trees, fertilisers, large animal feed, disability aids such as wheelchairs, crutches and hearing aids.
Items that are exempt from VAT are : financial, medical or educational services
When are the people of Ireland going to get a back bone and stop the so called elite in this country Bankers developers and so called Politicians from taking the hard earned money from our pockets to pay for there elevated life style.And past greed.I ask what of the children of today and do they have a future ???