Groups are urging the Government to split hospitality VAT and re-introduce the lower 9% rate for food services
Ireland's pubs and restaurants are facing a ‘commercial crisis’ if hospitality VAT is not reduced in the budget, a new report has warned.and re-introduce the lower 9% rate for food services in the upcoming Budget.
The report notes that allowing the hospitality to continue to decline could result in"declines in tourism activity across several fronts such as the type of tourist coming to Ireland, the length of stay and numbers of visitors". "At a minimum, this must include the reinstatement of the 9% VAT rate for food-related hospitality services in the upcoming Budget."Tax receipts
News Anthony Foley Hospitality Irish Tourism Industry Confederation The Irish Hotels Federation The Restaurants Association Of Ireland The Vintners Federation Of Ireland VAT Rate
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