Daily Archives: July 21, 2011

Reduction in VAT rate for certain goods and services

Finance (No. 2) Act 2011 has introduced a reduced VAT rate of 9% for certain goods and services for the period 1 July 2011 to 31 December 2013. The new rate applies to certain goods and services previously liable at 13.5% including: restaurant and catering services hotel and holiday accommodation admissions to cinemas theatres certain musical performances museums and art gallery exhibitions the use of sporting facilities hairdressing services As […]