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Posts Tagged VAT

VAT Information for Businesses

VAT Information for Businesses

One of the key measures announced by the Irish Government in the July 2020 Jobs Stimulus Plan was the temporary reduction in the standard rate of value-added tax (VAT). The standard rate of Irish VAT will be temporarily reduced from 23% to 21% for a six-month period from 1 September 2020 to 28 February 2021. This is the first change

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The July Stimulus Package – A Closer Look

The July Stimulus Package – A Closer Look

We told you briefly about the July Stimulus package, announced by the government, in our previous blog post. Today we will look at some more of the details of the package. Income Tax Relief We would particularly welcome the introduction of income tax relief for the self-employed in respect of 2020 losses. We would see this loss relief as a

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