Tax

No Vat cut for small bars and cafés, says finance minister Michael McGrath

Minister was speaking despite Taoiseach saying proposal merits consideration amid growing unease on the backbenches

Finance mInister MIchael McGrath restated his opposition to the calls to reduce Vat for small eateries and cafés. Picture: PA

Finance Minister Michael McGrath has dashed hopes of a Vat cut for non-hotel hospitality, despite Taoiseach Leo Varadkar saying it warranted consideration.

Speaking in Cork on Friday, McGrath restated his opposition to the calls to reduce Vat for small eateries and cafés, despite some high-profile business failures in recent weeks.

“I don’t think a reduction in Vat is the answer,” said Mr McGrath. “The only way a reduction in Vat improves the viability of a ...