VAT rate for food-led hospitality sector to be cut to 9% as part

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VAT Rate For Food-led Hospitality Sector To Be Cut To 9% As Part

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msn.com

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Fitzmaurice: Reinstate Reduced 9% VAT Rate On Food Sales

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Oct 15, 2024 · The VAT rate or the food and hospitality sector was restored to 13.5% in September 2023. VAT. ... Deputy Fitzmaurice, they have also faced supply chain disruptions …

agriland.ie

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Diners ‘will Have To Pay More’ If 9% VAT Rate Scrapped, Restaurant ...

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Feb 16, 2023 · Restaurateurs have warned that ending the 9 per cent VAT rate for hospitality, introduced as a short-term measure in response to challenges posed by Covid lockdowns in …

irishtimes.com

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Vat Rate Cut To 9 Per Cent For Food-led Hospitality Agreed In ...

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18 hours ago · LATEST NEWS. 12:31 Live News: Irish savers placing less cash in high-rate deposit accounts; Murphy’s UK sales rose 632%; 12:07 Environmentally harmful spending by …

businesspost.ie

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Failure To Cut Vat In Budget 2025 A 'devastating Blow' To Pubs And ...

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Oct 2, 2024 · Since the Vat rate was increased to 13.5% in September 2023, a total of 612 restaurants, cafés, gastropubs and other food-led businesses have been forced to close …

irishexaminer.com

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'A Serious Taxation Mistake': Parties Row Over Proposed VAT Rate Cuts

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Nov 9, 2024 · The food and hospitality sector has long-called for the 9% VAT rate – which was present during the Covid-19 pandemic – to be reinstated as they claim operating costs for …

thejournal.ie

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Senator Endorses Reinstatement Of 9% VAT Rate For Food-Led …

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Feb 2, 2024 · Hospitality businesses should be afforded the benefit of a lower VAT rate on food services, if they are to continue to survive and thrive, two Fine Gael politicians have warned. …

hospitalityireland.com

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Plans To Cut VAT Rate To 9% For Food-led Hospitality

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16 hours ago · Plans to cut VAT rate to 9% for food-led hospitality Clip • 12 Mins • 15 JAN • Today with Claire Byrne ADVERTISEMENT PLAYING…. Barra Roantree, assistant professor in …

rte.ie

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No Justification For Retaining 9% VAT Rate For Hospitality, Officials ...

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Feb 13, 2023 · Officials have told the Government there is no longer a justification for the 9 per cent VAT rate for hospitality ahead of crucial talks on the future of the support this week.

irishtimes.com

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Will The 9% Hospitality Vat Rate Become An Election Issue?

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Jun 2, 2024 · Once the Government identifies the fiscal space available for the budget in July, Burke said: “We have to be honest with people that if a change is made in relation to the nine …

thecurrency.news

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Irish Restaurants Worried About Future Survival Due To Increased …

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May 30, 2024 · More than nine in ten respondents said that the reduced VAT rate of 9% for the food-led hospitality sector, which increased to 13.5% last September, had been critical to the …

hospitalityireland.com

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New Darts Bar To Open On Dawson Street Following €7 Million …

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1 day ago · 11:19 Live News: Vat rate cut to 9 per cent for food-led hospitality agreed; SEAI paid record €616m in grants in 2024; 10:43 Profits at Specsavers Irish support and supply group …

businesspost.ie

FAQs about VAT rate for food-led hospitality sector to be cut to 9% as part Coupon?

What is the new VAT rate for food-led hospitality?

THE VAT RATE for the food-led hospitality sector, entertainment and hairdressing is set to be cut to 9% as part of a new Programme for Government. The current VAT rate for these sectors is 13.5% and the food-led hospitality sector in particular has long called for this to be cut to 9%. ...

What is the current VAT rate for the hospitality sector?

The current VAT rate for these sectors is 13.5% and the food-led hospitality sector in particular has long called for this to be cut to 9%. VAT for these sectors was reduced to 9% during the Covid-19 pandemic, at a cost of €1.2bn to the exchequer. It returned to 13.5% in August 2023. ...

Is the 9% VAT rate a lifeline for the food-led hospitality industry?

“The 9% VAT rate for the food-led hospitality industry was a lifeline for small, independent restaurants and cafes, and the reintroduction of the 13.5% rate is clearly having an impact and weighing heavily on restaurateurs.” The figures come after there were 47 insolvencies in the food-led hospitality sector in the first quarter of 2024. ...

Will Fine Gael cut the VAT rate for food-led hospitality?

The restaurant sector is backing Fine Gael's promise to cut the VAT rate for food-led hospitality. Taoiseach Simon Harris is vowing to reduce it to 11% for hospitality businesses, excluding hotels, if the party is re-elected to Government, while the Social Democrats want to cut the rate to 9%. The current VAT rate is set at 13.5% for the industry. ...

Is the reintroduction of VAT a lifeline for the hospitality industry?

“The 9 per cent VAT rate for the food-led hospitality industry was a lifeline for small, independent restaurants and cafes and the reintroduction of the 13.5 per cent rate is clearly having an impact and weighing heavily on restaurateurs.” ...

How much does VAT cost in 2023?

The estimated cost of this measure was in the region of €1.2 billion. The VAT rate or the food and hospitality sector was restored to 13.5% in September 2023. However Deputy Fitzmaurice will highlight in the Dáil that the hospitality sector, particularly restaurants, cafés, and pubs, continue to face “severe challenges”. ...