Hoteliers want 9% Vat rate extended to 2025

Finance Minister Paschal Donohoe and Public Expenditure Minister Michael McGrath speaking to the media outside Dublin Castle after the  Government announced that it will extend the lower Vat rate for the hospitality sector.

Hoteliers have called for the retention of the 9% Vat rate to 2025, after the Government decided to extend the special rate for another nine months.

Finance Minister Paschal Donohoe has received Cabinet approval to keep the lower rate of Vat in place until the end of February 2023.