Ireland’s VAT Cut for Hospitality and Hairdressers Won’t Require Lower Consumer Prices

• Ireland’s government says hospitality and hairdressing businesses do not have to pass the VAT cut on to consumers.
• The VAT rate will fall from 13.5% to 9% on July 1, 2026, as a permanent support measure.
• Tánaiste Simon Harris and Minister Peter Burke say the cut is meant to help small and medium businesses improve margins and cover rising costs.
• Critics call it an expensive giveaway that could reduce tax revenue and disproportionately benefit large fast-food chains as well as local businesses.

Source: irishtimes.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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