The 9% VAT rate for the industry is due to expire at the end of the month, when it will revert to 13.5%.
We need your consent to load this rte-player contentWe use rte-player to manage extra content that can set cookies on your device and collect data about your activity. Please review their details and accept them to load the content.Manage Preferences "We know that the 9% rate was introduced at a time of Covid when there was restrictions in place, when people couldn't frequent these type of venues and it was temporary.
A meeting was held last night with the Minister for Finance Michael McGrath and Minister for Public Expenditure and Reform Paschal Donohoe to discuss the matter. Speaking on RTÉ's Morning Ireland, she said the 9% VAT rate brought Ireland in line with other European markets.
Bribing them, FG will leave Vat rates alone if they are guaranteed enough beds for refugees 🤔
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Hospitality sector to call for retention of 9% VAT rateRepresentatives of the hospitality industry are preparing to meet the Minister for Finance Michael McGrath this evening in order to restate their demand for the retention of the 9% VAT rate. Magnificent margins too good to have tax eat into them. Let the little people pay. Lobby group crying wolf, again. The savings were never passed onto the consumers so the 9% rate should go now. The whole point of VAT is that the end consumer pays the VAT. The restaurants and hotels didn’t pass the impact of 13.5% dropping to 9% so it needs to be restored.
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'No indication' if 9% VAT rate will be retainedThe Restaurants Association of Ireland said there was 'no indication' after a meeting with ministers Paschal Donohoe and Michael McGrath if the 9% VAT rate would be retained 🔥 I doubt it will be It was never passed on to the customer. It should be increased to 17% for the next few years to balance things out
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