As part of the Budget 2024, the Irish government is planning to introduce the following VAT measures:

1.  Increase the existing VAT registration thresholds for resident businesses from €37,500 for services and €75,000 for goods to €40,000 for services and €80,000 for goods respectively.
2. Audio books and ebooks to be zero-rated from the 1st January 2024 (currently at 9% reduced VAT rate).
3. Extension of the 9% reduced VAT rate on energy products by another 12 months.
4. Increase of the funds available under the Charity VAT Compensation Scheme from €5 million to €10 million, which means that charities will get back more of the VAT that they pay.
5. Launch of a a Public Consultation to modernise Ireland’s VAT Invoicing and Reporting System.