Tax

Ibec calls for 9% Vat rate for hospitality to be kept as minimum wage set to rise

The business representative group said that retaining the special rate is vital supporting jobs in the sector

The rate is scheduled to cease on August 31 and the expected removal has already received substantial opposition from within the industy

Ibec, the business representative group, has called on the government to indefinitely retain the 9 per cent Vat for businesses including pubs, hotels, and restaurants.

The rate is scheduled to cease on August 31 and the expected removal has already received substantial opposition from within the industry.

In a statement, Ibec said that the reduced Vat rate was vital to retaining the 300,000 jobs in the sector nationwide and that a return to the full ...