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Increased VAT rate could force shutdown of many businesses- Sligo Restaurateur

Sep 1, 2023 12:04 By Shannonside News
Increased VAT rate could force shutdown of many businesses- Sligo Restaurateur
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The reduced 9 percent rate for tourism, hospitality and some other services returned to 13.5 percent at midnight.

A Sligo restaurant owner says the increased VAT rate could shut the doors of many small businesses.

The reduced 9 percent rate for tourism, hospitality and some other services returned to 13.5 percent at midnight.

It means Ireland will now have the third highest hospitality VAT rate in Europe.

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Anthony Gray, who owns two restaurants in Sligo Town, says now isn't the right time for the increase:

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