Search Results for 'Tax reform'

As part of the Jobs Initiative outlined by the new Government earlier this year, a second reduced VAT rate of nine per cent is to be introduced from  July 1 2011 to December 31 2013 to help the economy grow and increase job creation, especially in the tourism sector.  

The announcement by the Minister for Finance in the Government’s jobs initiative to lower the VAT rate to nine per cent in respect of certain goods and services related to tourism is good news for Mayo, according to Mayo Fine Gael TD, John O’Mahony.

Fine Gael’s VAT proposals will create jobs by slashing the cost of labour-intensive services, according to Fine Gael election candidate, Cllr Michelle Mulherin.

Fine Gael’s VAT proposals will create jobs by slashing the cost of labour-intensive services, according to Fine Gael election candidate, Cllr Michelle Mulherin.

Christmas tree, Christmas cards, and wrapping paper recycling: for the month of January live Christmas trees, Christmas cards, and wrapping paper can be brought to Roscommon Civic Amenity Site for recycling. The site is open Monday to Saturday 8am to 4pm, and open at lunchtime. Tel (090) 6626620.

I have a construction company specializing in one off housing. I am engaged by contractors to do work for them and also by the house owners in which case I use my own subcontractors. I am very confused by the new scheme for VAT between principal contractors and subcontractors. How does it work?

Labour Party candidate for Kilkenny City Sean Butler has called on the government to do yet another u-turn on their recent budget and follow many other EU member states in reducing VAT rates to help get the economy through the current economic crisis.

The Kenny Group opened five show houses over the past two weekends at their Leas na Mara development on Ballymoneen Road, Knocknacarra. A variety of one, two, and three bed apartments, and three and four bed show houses were on view. Reaction was very positive with healthy viewings both weekends in excess of 300 parties viewing the first weekend and some 200 parties on the second weekend, with many viewers commenting on the high quality of the individual units for sale and indeed the overall development.

While most businesses in the west of Ireland have full VAT recovery and therefore often say that VAT is not a “real” cost to them, many traders have VAT tied up in stock, debtors, and costs within their company. These areas could be better managed in order to keep the cash flow cost of VAT to a minimum.

Q. I am running my own business and I am registered for VAT and prepare bi-monthly returns based on my invoices. I am currently experiencing some cashflow difficulties due to economic conditions, a friend recommended that I account for VAT on a cash receipts basis. What is this and how does this work?