The tax brings the price from €26 to €33.50 per tonne of auto fuels from midnight on Tuesday.Meanwhile, the price of cigarettes will also go up by 50c, bringing the total cost of a 20 pack to €14.
But businesses that have been forced to close temporarily due to Government restrictions will be eligible to receive up to €5,000 per week. And VAT for restaurants and the hospitality sector, which was controversially hiked last year, will be cut from 13.5% to 9% from November 1 until the end of 2021.
The new scheme for businesses aims to provide support for those forced to temporarily shut during the pandemic as a result of restrictions.Government will make payment based on a businesses' average 2019 weekly turnover, up to a maximum of €5,000.This could result in Ireland accessing around €2billion to help employers.
The scheme will continue passed its March 21 deadline, with the Minister stating "there will be no cliff edge to this vital scheme."
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Source: IrishMirror - 🏆 4. / 98 Read more »