Business Post's View

Editorial: Vat rate cut is vital to support a core pillar of any functioning democracy

NewsBrands Ireland estimates the cost to the exchequer of a zero per cent Vat rate on newspapers will be around €18 million, which is a relatively small investment by the government to support the industry

NewsBrands Ireland, the industry group that represents print media including the Business Post, has called on the government to cut the Vat rate on newspapers and digital news publishers from 9 per cent to zero

On Tuesday, Paschal Donohoe will announce the details of Budget 2023.

Although the state’s finances have arguably never been stronger, the Minister for Finance finds himself in an incredibly challenging position this year with almost every business and section of society seeking some form of financial support in response to the biggest cost of living crisis in almost 50 years.

In particular, the surge in the cost of energy this winter is likely to push ...