Clare Fm - Podcasts

A Clare restaurateur fears delaying the introduction of a lower VAT rate for the hospitality sector would be too little too late for some businesses. The Government is contemplating pushing out the proposed reinstatement of the 9% VAT rate to June 2026 to create more scope for tax cuts in the Budget. Finance Minister Paschal Donohoe claims the measure will costs around €1 billion to implement. Patrick O'Donoghue of the Monk's Restauraunt in Ballyvaughan insists many businesses can't wait another year.