Ireland - VAT Rate changes announced in State Budget for 2025
Posted by: Roxsana Szymaniak
The Irish government has published the State Budget for 2025, which includes the following changes regarding VAT:
The reduced VAT rate of 9% on gas and electricity has been extended until 30 April 2025. Initially, this measure was only applicable until 31 October 2024.
From 1 January 2025, the VAT rate for the supply and installation of a heat pump will be reduced from 23% to 9%.
The flat-rate scheme for unregistered farmers will increase from the current rate of 4.8% to 5.1% starting 1 January 2025.