‘Economic vandalism’: Unions Condemn Plan to Cut VAT for Hospitality Sector - 24/07/2025
Unions have described Government plans to cut the VAT rate for the hospitality sector in the budget as “economic vandalism” after it emerged such a move could severely limit the room for other tax cuts in the budget.Minister for Finance Paschal Donohoe confirmed on Tuesday that moving ahead with the plan would carry a full-year cost of up to €1 billion from a tax package worth up to €1.5 billion – in turn limiting the scope for income tax cuts or for tax measures aimed at encouraging the supply of new homes.In a statement on Wednesday, the Irish Congress of Trade Unions said the facts about…
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