VAT and food supplements

Oct 29, 2019

The reduced rate of VAT (13.5 percent) as per section 54 Finance Bill 2019 is due to apply to all food supplement products from 1 January 2020.  Implementation of the guidance from Revenue on food supplement products will be delayed until 31 December 2019. According to Revenue new guidance will be published if the VAT rate on food supplement products is changed. 

Our Finance Bill 2019 bulletin included our report on the change in the VAT treatment of food supplements

We expect to engage with Revenue at TALC Indirect on the change in VAT treatment of food supplement products.  We will keep members informed of any developments via Tax eNews.