VAT

Drinks industry rejects Central Bank comments and calls for VAT reduction

‘Evidence based decision making rather than opinion is required’ Makhlouf scepticism on VAT rate reduction fails to consider the impact of a temporary VAT reduction on on-trade alcohol sales (in pubs, restaurants and hotel bars), according to the drinks industry Group seeks VAT rate reduction on sales of alcohol as temporary and targeted measure which …

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Hospitality VAT reduction will not support 3,500 non-food serving pubs closed across the country

VAT rate cut on alcohol sought as a temporary measure to help pubs survive until demand increases and consumer confidence returns in early 2021 – LVA, VFI and Ibec’s Drinks Ireland Hospitality VAT rate cut will deliver nothing for the 3,500 closed pubs that do not serve food. VAT cut must be extended to VAT …

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LVA and VFI warn increasing VAT rate would damage pub food trade and put jobs at risk

LVA and VFI call for current 9% VAT rate on food to be protected Any move to increase the hospitality VAT rate could do lasting damage to the growing pub food trade, impacting on pub jobs across the country according to the two groups representing publicans.  The Licensed Vintners Federation (LVA) and the Vintners’ Federation …

LVA and VFI warn increasing VAT rate would damage pub food trade and put jobs at risk Read More »

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