The last Government was embarrassed by some of the price gouging going on in the hotels sector at a time when hospitality was benefiting from a reduced VAT rate of 9 per cent to help it recover ...
Budget tabled by Finance Minister, Enoch Godongwana in Parliament on Wednesday, 12 March 2025, saw the 2% VAT increase initially proposed in February 2025 replaced by two consecutive 0,5% increases, ...
Restoring the 9 per cent VAT rate for food and catering, as Minister for Finance Paschal Donohoe has signalled is his intention, will come at a “significant cost” of €675 million per year.