Budget

Budget25 Reactions – VAT, Tobacco And Minimum Wage

Retail bodies have reacted to the Budget, noting minimum wage, an increase of excise tax for tobacco products and the enduring VAT rate.

The Finance Minister Jack Chambers this afternoon revealed the Budget for 2025, tax and tobacco increases are of note for the retail industry.

Irish consumer sentiment remained largely unchanged in September, signalling a ‘watch, wait and worry’ mindset ahead of Budget 25.

The Drinks Industry Group of Ireland has called for a 15% reduction in the country’s excise tax rate over two years, RTÉ has reported.

Since its peak in 2001, the average per adult alcohol consumption in Ireland has declined by 31%, according to a report commissioned by DIGI.

Retailers Against Smuggling has called on the government to rethink its policy approach towards smuggling and illicit trade in Ireland.

The Minister for Finance Michael McGrath and Minister for Public Expenditure and Reform, Paschal Donohoe have delivered Budget 2024 to Dáil &Ea...

Budget 2023 will be presented to Dáil Éireann on Tuesday, 27 September 2022.

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