Half of food-serving Dublin pubs say VAT increase has hurt business - News Summed Up

Half of food-serving Dublin pubs say VAT increase has hurt business


Half of food-serving Dublin pubs say VAT increase has hurt businessJames CoxAlmost half (48 per cent) Dublin pubs who serve food say the VAT increase has led to a drop in their business, according to new research conducted by the Licensed Vintners Association (LVA). Seven out of 10 food pubs in the capital also say the VAT increase has made them less likely to hire new staff. Since the VAT increase was imposed, 42 per cent of Dublin pubs who serve food say the VAT increase has led to a reduction in lunch and dinner orders while 14 per cent say it has impacted on dessert purchases and 11 per cent breakfast orders. Two out of three Dublin pubs (68 per cent) who serve food do so every day of the week. One in six food pubs say the reason they don’t open every day is that it isn’t economical to open on certain days.


Source: Irish Independent July 16, 2024 22:41 UTC



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