advertisement

Local Publican concerned for future of industry once 9% VAT rate ends

Date:

Share:

The decision to extend the 9% VAT rate for the hospitality sector to next August doesn’t go far enough according to a local publican.

Finance Minister Paschal Donohoe announced in this week’s budget that the rate would return to 13.5% in September of 2022.

- Advertisement -

Those in the hospitality sector had wanted it to be extended for longer to allow them recover from the impact of Covid restrictions on the industry.

Mairead Ryan from Paddy’s Bar in Terryglass says it was a big disappointment and has left her questioning the viability of her business.

“We have suffered for the last 18 months in every aspect. We’ve suffered with rising costs, we’ve suffered with a staff exodus and what we need now is a long term plan – a five year plan – for this industry to get back on its feet.

“If we knew that our VAT rate was staying at 9% – which is commonplace all over Europe – we would be able to make plans for that.

“I’m worried now about the industry going forward and particularly my own business as to whether we’ll survive it or not.”

advertisement

Thurles school wins latest Tipp FM sports star award

Presentation Thurles have won the January Tipp FM Sports Star of the Month. The...

Hogan happy with positive start to League for Tipp hurlers

Tipp’s performance against Limerick on Sunday in the National Hurling League augers well...

Extra Time Monday 10 February 2025

This week we have reaction to our first league defeat of the year...

Cahill happy with performance despite first defeat in League campaign

Tipperary manager Liam Cahill was in upbeat mood despite his sides loss to...
advertisement

Tipp Today Podcast 11/02/25

On this morning’s show... The Eurovision Row escalates we hear from the winning songwriter...

Tipp Today- The Legal Slot- with John Lynch 11/02/25

Our legal eagle John Lynch joined us in studio this morning.. Tipp FM Radio...

Global News with Thomas 100225

This week's Global News with Thomas Conway.... Tipp FM Radio · Global News 100225
advertisement