Smaller hotels and restaurants reel at Vat rate hike
While some restaurants and hotels in busy urban areas will be able to absorb the increase, many in regional and rural areas will struggle
It is hard to over-estimate the anger felt among small, independent restaurateurs and hoteliers about the budget decision to raise the special Vat rate for the hospitality sector from 9 per cent to 13.5 per cent from next January.
Minister Donohoe pointed to the thriving tourism sector to justify his decision. And as anyone who has attempted to make their way down Grafton Street in Dublin or...
Subscribe from just 1€
Choose the subscription that is right for you
For the first month
€19.99 Monthly ThereafterSubscribe today
For the first year
€199.99 annually thereafterSubscribe today
For the first 90 days
€55.00 quarterly ThereafterSubscribe today
These offers are not available for current subscribers. Offers and pricing are subject to change without notice.
Terms & Conditions Apply