Restaurants group reiterates calls for permanent restoration of 9% VAT rate ahead of October Budget
Adrian Cummins, CEO of The Restaurants Association of Ireland. Photo: Gareth Chaney/Collins
The chief executive of the Restaurants Association of Ireland (RAI) has reiterated calls for the 9% VAT rate to be reinstated for the hospitality industry, warning of mass closures across the sector if the current rate of 13.5% is maintained.
In its pre-budget submission, the lobby group cited a recent survey in which almost three-quarters of its members said they do not expect their business to be open this time next year if the 9% VAT rate is not reintroduced.
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