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Ireland’s 2025 Budget: VAT Thresholds Raised, Gas and Electricity VAT Rate Extended

  • Irish Department of Finance announced the 2025 budget on Oct. 1
  • VAT registration thresholds increased to 85,000 euros for goods and 42,500 euros for services
  • 9 percent VAT rate for gas and electricity extended to April 30, 2025 from Nov. 1, 2024

Source: news.bloombergtax.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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