Taxing Food Supplements is Immoral
Health Stores Ireland, the organisation for which represents over 200 Irish Health Stores, has welcomed the timely interjection on the issue of VAT on food supplements by Professor John Nolan on Newstalks’ Pat Kenny Radio Show, which is aired today. Discussing the Minister for Finance’s intention to introduce 13.5% VAT on all Food Supplements, Professor Nolan explained the vital importance of the use of some Food Supplements in the reduction of sight loss for those suffering with Age-related Macular Degeneration (AMD) an eye condition which causes the gradual deterioration of vision...
Read MoreBudget Submission -VAT on Food Supplements
BUDGET 2020 Options for the VAT treatment of food supplements. Executive summary This submission sets out why the decades old practice and policy of applying the zero VAT rate to food supplements should continue. It demonstrates that there has been no credible case put forward for applying the standard or a reduced VAT rate to food supplements from a legal, health or business impact perspective.It recommends that the Finance Act 2019 should confirm the zero rating of food supplements to provide political and policy clarity to retailers and consumers and certainty for the Revenue...
Read MoreHealth Stores welcome VAT deferral but …
Ireland’s 200+ independent health stores are delighted that the planned application of 23% VAT on all vitamins and food supplements has been deferred by the Irish Revenue Commissioners until November to allow for the Government to legislate an acceptable alternative. An intensive campaign which culminated with a protest and a presentation of 75,000 petition signatures outside the Dail and the offices of the Revenue on February 26th was greeted with the unexpected announcement of the deferral. Health Stores Ireland President, Gerald Colfer said, “We have said all along that it was...
Read MoreIAHS Campaign to keep Your Health Tax Free
Irish Revenue are slowly but surely rolling forward with a policy which will mean, that money spent on maintaining or improving your health will be taxed at 23 percent. Bizarre though it may seem, VAT is now being applied to many food supplements and indeed herbal teas. Irish health stores have initiated a campaign to try to have this policy overturned. “Treating people’s attempt to maintain their health as if it was a luxury must be seen as the last straw and has to be resisted.”, declared one health store owner. All health conscious people are being asked to make their...
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