Leaked documents confirm Irish 2% VAT hike

International Tax Review is part of Legal Benchmarking Limited, 1-2 Paris Garden, London, SE1 8ND

Copyright © Legal Benchmarking Limited and its affiliated companies 2026

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement


Leaked documents confirm Irish 2% VAT hike

ireland-flag.jpg

Ireland will increase its VAT rate by 2% in next month's budget, leaked documents to the German parliament confirm.

The documents, which contained details of the new 23% VAT rate, were seen by a German parliamentary committee as the Irish leader, Enda Kenny, held talks with his German counterpart, Angela Merkel.

The European Commission apologised for the release, describing it as “regrettable”.

The 2% hike is expected to generate €670 million ($905 million) annually in extra revenue.

Speaking today, Ireland’s finance minister, Michael Noonan, said the hike had been agreed in negotiations with the European Central Bank, European Commission and the IMF.

Earlier this month, Noonan was selected by International Tax Review as one of the 50 biggest influences in tax.

For full coverage of Ireland’s budget, follow www.internationaltaxreview.com.

more across site & shared bottom lb ros

More from across our site

As funds work becomes more complex, Proskauer is betting that embedded tax expertise can strengthen its wider offering
The recently founded AI platform stands out in a crowded marketplace thanks to a compelling vision and friends in the right places
Advisers expect consumption tax reform to stay on course, but debt pressures could push the government towards tougher enforcement and incentive reviews
The firm demonstrated its sweet spot of litigation with an international twist with the recent win for the Danish tax authority…but it’s not a tax case
The recently formed firm has taken a break from hiring EY talent to expand its transactional tax and tax technology capabilities
The AI platform, founded last year by two school friends, is partnering with challenger firms like Unity Advisory and A&M Tax to launch its own assault on the AI tax market
Not only has Aurtus received recognition from ITR in the past, but its founder was both a partner at KPMG and co-founder of Dhruva Advisors
Clients care more about considered counsel than rapid media-friendly soundbites, says Matthew Gilleard, associate director at Infinite
It was also a memorable night for Galicia, KPMG, Skadden and Pinheiro Neto, all of which scooped major awards at a gala ceremony in New York
The former Deloitte UK CEO earned a 45% raise in a year when 1,000 staff reportedly lost their jobs – and the pay gap is only getting bigger
Gift this article