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

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

Assessment

Interactive Video

Business, Social Studies

University

Hard

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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.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the response regarding the 9% VAT rate for hospitality businesses?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What changes were made to the top tax rate threshold in the recent budget?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the energy support scheme compare this year's bills to last year's?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the constraints mentioned regarding the energy support scheme?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the total budget provided for the two energy schemes?

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