VAT Cut Boosts Local Hospitality | Cork News

The government is slashing VAT from 13.5% to 9% for restaurants, cafes, and hairdressers starting Wednesday — a lifeline for small Irish businesses that employ nearly 99% of the sector. Tánaiste Simon Harris and Minister Peter Burke argue this move, targeting mostly local SMEs, especially in rural areas, is about survival, not consumer savings. While prices won’t drop immediately, the goal is to stabilize margins battered by soaring costs, boost competition, and keep vital local economies humming. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/746fa593ecdb351f