Restaurants Association welcomes permanent return of 9% VAT rate

 

The Restaurants Association of Ireland has welcomed the permanent reintroduction of the 9% VAT rate for food-led hospitality businesses, which comes into effect on Wednesday, July 1st.

The Association described the measure as a vital support for indigenous businesses, employment and communities across Ireland.

It said the reduced VAT rate would benefit restaurants, cafés, gastropubs and other food businesses, the vast majority of which are small and medium-sized enterprises.

Adrian Cummins, Chief Executive of the Restaurants Association of Ireland, said the permanent return of the 9% VAT rate was a landmark moment for Ireland’s food hospitality sector.

“This is a landmark day for Ireland’s food hospitality sector. The permanent return of the 9% VAT rate is recognition by Government of the immense pressures businesses have faced in recent years,” he said.

“Our members have shown remarkable resilience while continuing to provide employment, serve their customers and support communities across Ireland.

“Hospitality businesses are much more than places to eat. They are social hubs where families and friends come together, where visitors experience Irish hospitality and where communities thrive.”

Mr Cummins said the measure would give businesses greater certainty, allowing owners to plan, invest and continue creating employment across the country.