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Save a Little Cash Flow With VAT Reduction

August 31st, 2020|

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Save a Little Cash Flow With VAT Reduction

We could have sent you all an email today (or even last week) about a minor change which will impact pricing, but we thought better of it.

Everyone is getting enough email so why add to it?

So here’s what’s going on:

From September 1st 2020 to March 1st 2021 the standard Irish VAT rate of 23% is being reduced to 21%.

It’s part of the Irish government’s efforts to stimulate the economy which was announced back in July.

How will this impact you?

If you’re a private consumer then you’ll save 2% on all purchases from us from now until March of next year.

If you’re a VAT registered business in Ireland it’ll impact your cash flow as you’ll be paying us 2% less than before and that’ll impact how you handle your VAT reporting.

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About the Author: Michele Neylon
Known for his outspoken opinions on technology and the Internet, Michele Neylon is the award winning author of several blogs and co-host of the Technology.ie podcast. A thought leader in the Internet community, Neylon is active within ICANN and an expert on policy, security, domains, ICANN, Nominet and Internet Governance. You can stalk him on various social media networks including Twitter and Instagram
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