department of finance | Hospitality Ireland

577 Irish Food-Led Businesses Have Closed Since VAT Rise Last September

A total of 577 restaurants, cafés and other food-led businesses have closed their doors for good since the VAT rise from 9% to 13.5% last September.

Government Considered Raising VAT Rates For Hotels In Budget

Documents drawn up by the Department of Finance state that high hotel prices in Dublin do not justify the tourism industry's reduced VAT rate of 9%. Acc...

Irish Beverage Council Calls On Government To Defer Soft Drinks Tax

The Irish Beverage Council has called on the government to defer the proposed sugar-sweetened drink tax, according to its pre-Budget submission, 'All cost...

New EU Rule Bans Surcharges For Use Of Credit Cards

A new European Union rule has banned surcharges for the use of credit cards. Consumers will no longer have to pay an addition of 2% to the cost of goods...

VAT Rate For Irish Hospitality Sector May Face Increase

Pressure is reportedly building within the Department of Finance to phase out the special 9% VAT rate for the hospitality industry. The lower rate ...