Search Results for 'Value added taxes'

VAT was reduced from 13.5 per cent to 9 per cent from 2020 during the Covid-19 pandemic. It was restored in 2023. The independent deputy has warned that not returning VAT back to 9 per cent will threaten hundreds of jobs across Galway.

The Supermac’s Managing Director, Pat McDonagh, has called on the Government to reintroduce the 9% VAT Rate for the hospitality sector in the upcoming budget.

Galway hoteliers have expressed deep concern about the effect of a potential €400m increase in VAT on Irish consumers and overseas visitors.

In an open letter to constituency public representatives, Barry Kennedy, chairperson, Midlands Branch, Irish Hotels Federation (IHF), is seeking government support for the retention of the nine percent tourism VAT rate, as the hospitality industry faces ongoing economic challenges in 2023.

Ibec, the group that represents Irish business, has welcomed the announcement from Government today of an extension of the nine percent VAT rate for those operating in the Experience Economy.

Escalating business costs, particularly in energy, are placing an incredible strain on hotels and guesthouses across Ireland seeking to rebuild after an unprecedented two years of the pandemic.

Cut VAT on energy products and delay carbon tax increase says Hoare

Any hike in the current rate of carbon tax will attract VAT resulting in citizens paying 'a tax upon a tax', Sinn Féin Galway City East councillor Mairéad Farrell has warned.

The Restaurants Association of Ireland (RAI) is calling on the Government to provide stability and reassurance to the tourism and hospitality sectors by reducing the 13.5% VAT rate back to 9%.

Scrapping VAT for first time buyers could slash "almost €40,000 off the price of a new house in Galway", and be a positive move to help young couples secure a home.