business

No more extensions of lower Vat rate for hospitality after August – Leo Varadkar

Taoiseach also says labour shortages across the economy are a reflection of ‘real shortcomings’ in housing and healthcare

Leo Varadkar: Taoiseach said the government would ‘seek to provide as much stability and assistance as possible’ to businesses. Picture: Julien Behal

There will be no further extensions of the lower Vat rate for the hospitality industry beyond August, Taoiseach Leo Varadkar has signalled, after the government opted this week to keep the tax at 9 per cent after intensive lobbying from pubs, restaurants and hotels.

During an address to the Dublin Chamber this evening, Varadkar said the government would “continue to back” businesses in the capital amid ongoing economic turbulence, citing its decision not to return ...