Irish Budget 2011: Top rate of VAT may rise to 23%; Economist calls for single rate
Oct 12th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Irish Budget 2011: An international VAT compliance firm said on Monday that with the corporation tax rate of 12.5% protected, a rise in the standard or top rate of VAT to 23% is likely in the December 2010 Budget. Meanwhile, an economist is expected to call today for a single rate of VAT at a budget conference organised by the Economic and Social Research Institute (ESRI).