THE VAT INCREASE IS KILLING OUR INDUSTRY!

The Government’s decision to increase the hospitality sector’s VAT rate by 50% from 9 to 13.5% last September is the primary cause of the hundreds of restaurants, cafés and other food-led businesses that have closed their doors since then. In addition to this, almost three-quarters of Restaurants Association of Ireland members expect to be forced to shut their doors for good if the lower rate is not returned. The 9% VAT rate MUST be reinstated for our low-margin, labour-intensive industry in Budget 2025.

The Cost of Restaurant Closures

Hospitality Sector United Around VAT9 on Food

Reinstating the 9% VAT rate is the only measure that the Government can take to make business costs sustainable again for the hospitality sector and return long-term viability to our industry


Source: Amárach Research/Business Plus [May 2024]


Source: Amárach Research/Business Plus [May 2024]


Source: Red C/Business Post [January 2024]



THE FUTURE OF OUR INDUSTRY DEPENDS ON VAT9

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