A Clare restaurateur fears delaying the introduction of a lower VAT rate for the hospitality sector would be too little too late for some businesses.
The Government is contemplating pushing out the proposed reinstatement of the 9% VAT rate to June 2026 to create more scope for tax cuts in the Budget.
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Finance Minister Paschal Donohoe claims the measure will costs around €1 billion to implement.
Patrick O’Donoghue of the Monk’s Restauraunt in Ballyvaughan insists many businesses can’t wait another year.
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