- The Government extended the 9 percent VAT rate on gas and electricity for six more months.
- The rate was set to return to 13.5 percent on 1 May 2025 but will now remain until 31 October 2025.
- Further extensions will be considered during the normal budget process.
- Minister for Finance, Paschal Donohoe, stated the extension aligns with commitments to address energy cost pressures.
- Energy prices are rising again, making the extension of support appropriate.
Source: charteredaccountants.ie
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.
