- Government Irish Jobs Initiative - May 2011

Government Irish Jobs Initiative - May 2011
Introduction of a second Reduced VAT Rate

The Minister for Finance, Mr Michael Noonan T.D. presented his Jobs Initiative to the Dáil as promised in the Program for Government.
This contains a number of measures designed to promote job creation at a time of very high unemployment and low confidence in the domestic economy.

A second reduced VAT rate of 9% will be introduced in respect of certain goods and services (mainly related to tourism) for the period 1 July 2011 to 31 December 2013.

Some of the other key tax aspects of the Initiative are set out in our full report.

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Job initiative PDF

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