VAT Savings: Passing the saving onto you
VAT savings in Irish stores from 1 September 2020 – 28 February 2021
“Penneys is applying VAT savings announced by the Government to certain product ranges, effectively passing this saving to our customers. This means that VAT on the majority of Penneys’ products will be reduced to 21% from 1 September 2020 – 28 February 2021.
The reduction will not be applied to products in our kidswear and kidswear accessories departments, as the majority of products in these departments attract VAT at 0%. Similarly, our concession products attract VAT at 13.5% and therefore the reduction will not be applied to these products.”