9% Vat rate for hospitality sector could be extended, Tanaiste says

The transcript covers discussions on tax cuts, the extension of the 9% VAT rate, and the examination of a middle tax rate. It also explains the energy support scheme for businesses, highlighting the constraints due to EU state aid rules and budgetary limitations. The focus is on providing financial relief to businesses and individuals, with an emphasis on fairness in taxation and economic support.

What was the main reason for the disappointment regarding the 30% tax rate?

• It was only applicable to businesses.

• It was introduced with a higher rate.

• It was not introduced at all.

• It was introduced too late.

Until when has the 9% VAT rate for electricity, gas, and hospitality been extended?

• End of March

• End of February

• End of January

• End of December

What is the new top tax rate threshold for a single person?

• 30,000

• 35,000

• 40,000

• 45,000

How much more is a single person on an average income better off due to the tax changes?

• €800

• €1,200

• €2,000

• €1,600

What percentage of the energy cost increase is covered by the support scheme?

• 40%

• 50%

• 60%

• 30%