Posts Tagged "vat on supplements"

Outrage over food supplement tax

Posted on Feb 7, 2019 in News & Events

National outrage over new proposed health supplement tax Independent health food stores are running a national day of action to highlight a planned 23% consumer tax hike on vitamins, minerals and food supplements. Health Stores Ireland shops from Bandon to Bundoran are using the theme of “Black Friday” to highlight the impact of the VAT increase on customers who purchase supportive nutritional products like fish oils, glucosamine, probiotics and vitamins like folic acid and vitamin D. Health Stores Ireland spokesperson, Matt Ronan said “we are witnessing the outrage from consumers...

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Don’t Tax Health Choices

Posted on Jan 25, 2019 in News & Events

On December 27th 2018, the Revenue Commissioners introduced a new 23% Vat rate for all food supplements, including vitamins, minerals, probiotics and fish oils. The 23% rate will come into effect on 1st March 2019.This move will seriously undermine the health of people who rely on food supplements to maintain their health. This includes: People who rely on food supplements, such as iron, to address diet deficiencies. People who take food supplements to reduce the risk factors of diseases, such as heart disease. People who take food supplements to enable their body to function at a normal...

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No Health Tax – Act now!

Posted on Nov 12, 2018 in News & Events

First the Sugar Tax – now the Health Tax! :: PRESS RELEASE ::  Government wants it both ways on health. In news which has sent shockwaves throughout the entire health and vitality sector, the Minister for Finance is reported to be eyeing up placing a flat rate of VAT on the majority of health food supplements. Most food supplements (excluding sport nutrition and beauty supplements) have had a traditional VAT rating of 0% for over 40 years. Without legislation enshrining this, Revenue have committed to applying VAT at 23% on all food supplements from January 2019. Food supplements...

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IAHS Campaign to keep Your Health Tax Free

Posted on May 31, 2014 in News & Events

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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