Advertisement
News

Leitrim councillor calls for VAT rate to be lowered for hospitality sector

Aug 30, 2024 13:02 By Shannonside News
Leitrim councillor calls for VAT rate to be lowered for hospitality sector
Share this article

It's currently at 13.5%, after it was increased nearly a year ago.

A Leitrim Councillor has called on the Government to lower the VAT rate for the hospitality sector. It’s believed the number of restaurants across the country which will close since a higher VAT rate was introduced will be more than 600 in 12 months. The sector met with the Ministers for Finance and Public Expenditure earlier this week, ahead of October’s Budget.

The main pitch from the hospitality sector was to bring the VAT rate back down to 9% for food-led businesses. It's currently at 13.5%, after it was increased nearly a year ago. Leitrim Councillor Sean McGowan is raising the issue at a council meeting next Monday:

Advertisement

 

Meanwhile, Sligo-Leitrim TD Marian Harkin called for the VAT rate to be lowered to 5 per cent for hospitality businesses outside of Dublin earlier this year. Cllr McGowan believes this is something that could work in the west of Ireland:

Tags used in this article
Share this article
Advertisement
Advertisement

Shannonside Newsletter

Sign up now to keep up to date with the latest news.

Processing your request...

You are subscribed now! please check your email to confirm your subscription.

Copyright © 2024 Shannonside FM. Developed by Square1 and Powered by PublisherPlus