Vat Is The Question

This morning’s newspapers’ front pages

NewsBrands Ireland is an umbrella group which represents national newspapers, in print and online.

It released a statement this afternoon, following Minister for Finance Paschal Donohoe’s announcement that the Government is maintaining the 9% VAT rate for printed newspapers and cutting the VAT rate from 23% to 9% for the papers’ digital content.

NewsBrands Ireland had been lobbying the Government to reduce both the newspaper and digital VAT rate to 5%.

The statement says:

NewsBrands Ireland Chairman, Vincent Crowley said: “We welcome the Minister’s decision to maintain the 9% VAT rate for printed newspapers and also to cut the VAT rate to 9% for digital publications, which will reduce the cost of access to quality, independent Irish journalism for people who access their news online.

“Most European countries apply zero or super-reduced rates to newspapers in recognition of their core societal function. Hopefully today’s news is a step in the right direction and that next year’s budget will see further progress in this regard,” concluded Mr Crowley.

NewsBrands Ireland will continue its #JournalismMatters campaign to push for policy measures to support independent journalism and bring Ireland’s policies into line with our European counterparts.

NewsBrands Ireland welcomes maintenance of 9% VAT rate on newspapers – and reduction of VAT on digital publishing to 9% (NewsBrands Ireland)

Pic: NewsBrands Ireland

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10 thoughts on “Vat Is The Question”

JumpingForJoy October 9, 2018 at 2:25 pm

D’OB will be very pleased with the vat rate for digital news. I suppose that along with the national broadband contract is his 40 pieces of gold for being a judas to this country.

Paulus October 9, 2018 at 2:42 pm

40 pieces of gold is some step up from 30 pieces of silver:
That’s inflation for ya!

Jeffrey October 9, 2018 at 2:32 pm

“core societal function”
Jaysusssssssss

rotide October 9, 2018 at 2:48 pm

Would you care to explain your problem with that assesment ?
1. Pee Pee October 9, 2018 at 5:04 pm
  
  Would you care to ecplain that assesment?

jusayinlike October 9, 2018 at 2:36 pm

“Independent journalism”

LOL

Clampers Outside! October 9, 2018 at 2:36 pm

In fairness with the dwindling revenues, it won’t hit the coffers much.

Is this not good news for Broadsheet too? Or do online only not get a look in?
Anyone?
Legal Coffee Drinker?
… somebody wake up Hicks! …I mean Bodger!