Dáil debates

Tuesday, 9 October 2018

Financial Resolution No. 3: Value-Added Tax

 

11:20 pm

Photo of Mick WallaceMick Wallace (Wexford, Independent) | Oireachtas source

I declare that I have an interest in the restaurant industry. The Government does not understand how VAT affects the food and restaurant industry. Only the big restaurants will benefit from this. One could not defend the hotels given the prices they have charged for hotel rooms in Dublin for some time. However, I know many restaurants that will struggle to survive after this change. I know from our own books and how it works that this will be a problem, and it is not confined to rural Ireland. The small restaurants of Dublin will struggle to make ends meet with this new arrangement. The food industry is different and the Government has not come to terms with how it works. This will do serious damage.

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