Vat

• 0% (newspapers and news periodicals (both printed and digital editions), e-books, audio books and certain health products);
• 5.1% (farmers' flat rate);
• 4.8% (livestock rate, including horses for use in agricultural production or preparation of foodstuffs – otherwise does not include horses and greyhounds);
• 9% (gas, electricity (up to 31 December 2030) and the supply and installation of low emissions heat pump heating systems, sports facilities, horses, other than those chargeable at the 4.8% rate, and greyhounds),
• 9% on restaurant / catering and hairdressing (from 1 July 2026)
• 13.5% (to include hotel accommodation and stud nomination fees); and
• 23% (standard rate).

Note: VAT on property is outside the scope of this Guide.

Professional Services Withholding Tax

 20% (i.e., standard rate of tax)

Corporation Tax

• Non-trading rate: 25%
• Trading rate: 12.5% (subject to certain exceptions where rate of 25% applies)
• Profits on trading in residential development land (other than ‘qualifying land’): 25%
• Chargeable Gains: 33%
• Certain foreign dividends: 12.5%

Local Property Tax (LPT)

(payable from 1 July 2013)

The property valuation on 1 November 2025 will determine the amount of LPT due for 2026 to 2030.  LPT is charged according to the relevant valuation band that applies to a property valued up to €2.1m. For properties valued more than this, different rates apply. Different rules applied for 2013 – 2021 inclusive.

Vacant Homes Tax

Applies to residential properties that are occupied for less than 30 days in a 12-month period. For the 12 months starting on 1 November 2024 (and future chargeable periods), the tax will be charged at a rate seven times the basic rate of Local Property Tax for the property. It will not apply to properties unsuitable for use as a dwelling.

D.I.R.T.

(certain accounts / investments)

From 01.01.2020:  33% for deposit accounts (including Credit Union savings accounts). From 01.01.2026 38% on exit in relation to certain life assurance policies and investments funds.