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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Jobs Initiative
Lower VAT Rate of 9% to boost Hospitality
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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Budget Cuts to Jobseekers Benefits
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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