A VAT reduction aimed at bolstering the beleaguered hospitality sector is expected in Tuesday’s budget, senior Government sources have confirmed. Today, the Irish Examiner can reveal three major details of Budget 2021, to be announced on Tuesday. Extending the commercial rates waiver to at least the end of quarter one 2021 is seen as the most likely outcome as a way of helping businesses stay afloat. The scheme proved incredibly popular and was oversubscribed by around €10m, garnering three times as many applicants than funding was available for. In addition to the above measures, ahead of Tuesday's budget, we know that there will be:

Source: Irish Examiner October 10, 2020 05:00 UTC