Hospitality businesses are disappointed the government has chosen not the reinstate the 9% VAT rate.
Industry groups have been calling for the covid-time rate to be reintroduced since a 13.5% rate came back into effect in August 2024.
The 9% VAT rate for gas and electricity has been extended for another 6 months to 30 April as part of the government’s cost of living package
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The thresholds at which businesses must register to collect VAT on the goods and services they sell have been raised as a further small business support.
Owner of Seán Taaffe Hair & Beauty, Seán Taffee says hairdressers and hospitality businesses wanted the VAT reduction:
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