“Tax rises kick in immediately, why shouldn’t reductions?” The Licensed Vintners Association (LVA) has said that the upcoming reduction in VAT for food should apply from Budget Day later this year. Welcoming the commitment from Minister for Finance Paschal Donohoe TD that the VAT reduction would be introduced in the Budget, the representative body for […]
VAT reduction should apply from Budget Day Read More »
The Licensed Vintners Association (LVA) has slammed the Government’s treatment of the hospitality sector in Budget 2025, saying it shows they are treating hospitality as an “economic afterthought”. The LVA pointed to the lack of action on VAT9, the lack of reduction in excise duties which remain amongst the highest in Europe and the lack
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Report Calls into Question Government’s Rationale for 13.5% Hospitality VAT Hospitality and tourism groups urge Government to split the rate of hospitality VAT Prior to VAT increase, annual taxes from sector were already up at least €585m versus 2018 Commercial model severely damaged by 13.5% VAT and Government-imposed cost increases Hospitality food services facing
Irish hospitality facing commercial crisis, new report reveals Read More »
Industry Research Reveals Very Challenging Operating Environment with 13.5% VAT Rate Taking a Serious Toll on Businesses 77% of hospitality business report a negative outlook for the next 12 months Food sales down 9% on average so far this year Operating costs across the sector up 16% 91% of hospitality businesses report a fall in
Hospitality businesses hit hard by drop in sales & increases in costs Read More »
2025 Minimum Wage increase must be in line with inflation More than 1 in 3 pubs (36%) across Dublin say they will reduce their headcounts due to the minimum wage increase introduced by the Government. That’s according to a survey undertaken by the Licensed Vintners Association (LVA). A further 21% of pubs in the
Association calls for VAT 9% to be restored in the upcoming Budget Almost one in two (48%) Dublin pubs who serve food say the VAT increase has led to a drop in their business, according to new research conducted by the Licensed Vintners Association (LVA). Seven out of 10 food pubs in the capital also
Almost 1 in 2 Dublin pubs who serve food say VAT increase has led to drop in business Read More »
Vintners say raising VAT rate clearly damaging to hospitality Food accounts for 35% of turnover in average Dublin pub, for many it is at 50/50 The Licensed Vintners Association (LVA) has said they plan to make the restoration of VAT 9% for food an election issue in the run up to the Local and
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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 “positive that the Government has kept the extra tax on consumers off the menu” 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 »
The Licensed Vintners Association (LVA) has described the Budget increase in the VAT rate on food as a “serious blow to pubs and the licensed trade throughout the country”. The body which represents publicans throughout Dublin indicated that it will lead to higher food price which will be bad for business, employment and the tourist
Budget VAT increase on food a serious blow to pubs – LVA Read More »