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Hospitality sector wants VAT t...

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Hospitality sector wants VAT to return to 9% in October's budget

RedFM News
RedFM News

05:00 31 Aug 2023


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The rate will revert to 13.5% tomorrow for the first time since November 2020 with operators warning that smaller businesses may be forced to close due to the increase.

Finance Minister Michael McGrath says the extension of the cut for the past six months has cost €300 million and was always planned as a temporary measure.

Speaking to RedFM News Claire Nash from Nash 19 in the city says she hopes the Minister will help the tourism and hospitality sector in the budget:

Hospitality sector wants VAT to return to 9% in October's budget

00:00:00 / 00:00:00

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