Government driven price rises will be on the menu for pubs and restaurants from tomorrow with the increased rate of hospitality VAT set to kick in, the Licensed Vintners Association (LVA) has warned. The LVA and other hospitality groups had been seeking a continuation of the current 9% VAT rate that applies on food but …
Government driven prices rises on the menu from tomorrow Read More »
LVA welcomes VAT and TBESS extensions The Licensed Vintners Association (LVA) has said that it is âpositive that the Government has kept the extra tax on consumers off the menuâ by pushing back the VAT increase on hospitality until after the summer season. They also warmly welcomed the extension of The Business Energy Support Scheme …
Positive that extra tax on consumers is off the menu – LVA Read More »
6 out of 10 say their energy bills have doubled or more More than half say insurances costs are up by at least 20% 6 out of 10 have a negative outlook for the hospitality sector this year LVA calls for the 9% VAT rate to be maintained Nine out of 10 Dublin pubs (92%) …
Drinks industry says VAT reduction is now of âutmost urgencyâ to help pubs as delayed reopening threatens hundreds of businesses July Stimulus hailed by Government as âradical and far reachingâ and a âpackage of scale that can be deployed at speedâ must deliver specifically for pubs Governmentâs decision to further postpone pub reopenings will have …
âEvidence based decision making rather than opinion is requiredâ 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 …
Drinks industry rejects Central Bank comments and calls for VAT reduction Read More »
VAT rate cut on alcohol sought as a temporary measure to help pubs survive until demand increases and consumer confidence returns in early 2021 â LVA, VFI and Ibecâs 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 …
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 Vintnersâ Federation …
LVA and VFI warn increasing VAT rate would damage pub food trade and put jobs at risk Read More »