Revenue publishes new VAT guidance and updates existing guidance to reflect Finance Act 2025

Revenue has published two new VAT guidance documents providing information on the application of the second reduced VAT rate to the supply and construction of qualifying apartments and apartment blocks. One document covers the period from 8 October 2025 to 25 November 2025 and the second covers the period from 26 November 2025 to 31 December 2030.  New guidance on the VAT treatment of the hire of a room has also been published.

In addition, the following existing guidance has been updated to incorporate Finance Act 2025 provisions:

• Removal of Waiver of Exemption has been updated following the cancellation of all waivers of exemption.
• VAT treatment of management of special investment funds has been updated to include the automatic enrolment retirement savings system.
• VAT treatment of construction services has been updated to include an amendment arising from the application of second reduced rate to services relating to the construction, until completed, of qualifying apartments and qualifying apartment blocks.
• VAT treatment of the special flat-rate scheme for farmers has been updated to reflect the reduction of the flat rate addition and to include information relevant to broiler chicken services.
• VAT treatment of broiler chicken services has been updated to reflect the VAT registration requirements for broiler chicken services.
• VAT deductibility for qualifying conference accommodation has been updated to reference the new guidance on the hire of a room.

Further details of the relevant changes are included in the Institute’s Finance Bill at a glance.