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People also ask
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What is 13.5% VAT in Ireland?
13.5% is a reduced rate of VAT for items including coal, heating oil, vet fees, building and building services, agricultural contracting services, short-term car hire, cleaning and maintenance services. 9% is a second reduced rate.
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Is there VAT on insurance premiums in Ireland?
Finally, some supplies are VAT exempt, such as postal services, financial and insurance transactions and immovable property rental. For a precise confirmation of the VAT rate applicable to your product or service in Ireland, we recommend that you contact us.
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What is the insurance premium tax in Ireland?
A levy of 3% of gross premiums received by insurers applies in respect of non-life insurance policies relating to risks located in Ireland.
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What is the IPT rate in Ireland?
APPENDIX 5: EUROPEAN INSURANCE PREMIUM TAX (IPT) COMPARISON TABLE RankCountryRate EU Countries 17 IRELAND 5% (non-life), 1% (life) 18 LUXEMBOURG 4.0%39 more rows
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What is the national insurance tax in Ireland?
From 1 October 2024, your PRSI is calculated at 4.1% of your earnings, so: €352.01 x 4.1% = €14.43. You will pay PRSI of €2.43 weekly. If you earn more than €352.01, you can work out how much PRSI you will pay in 4 steps: Calculate one-sixth of your earnings over €352.01.
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