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Claims High Hospitality VAT Rate Eroding Margins For Clare Businesses

It’s claimed the current hospitality VAT rate is eroding the margins of Clare businesses in areas hosting a high proportion of Ukrainian refugees.

The Regional Independents Group has raised a motion in the Dáil calling for the rate to be returned to 9%.

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The rate for restaurants, cafés and pubs as well as various entertainment services such as cinemas was reduced from 13.5% in November 2022 but returned to its original level in August of last year.

Speaking in the Dáil, Scariff Independent Deputy Michael McNamara, says all local businesses are “taking a huge hit”.

You can listen to the full interview below.

 

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