“Faced with a 1% VAT increase, many operators would be forced to cut back on part-time staff; overtime; and some full-time staff… a 1% increase would cost jobs in the sector.”
- RAI Economic Report on the potential impact of a 1% increase in the VAT rate compiled by economist Jim Power, VAT-Report 1% 2017
The Restaurants Association of Ireland continues to support the retention of the 9% VAT rate. We have published an economic report with the latest employment statistics, compiled by economist Jim Power.
RAI National Economic Report July 2017 – Job Creation in the Accommodation & Food Services Sector in Ireland (Q1 2017) RAI NATIONAL Q1 2017 JULY 2017
Click the link below to download the report updated in June 2017:
- RAI National Economic Report – 9% VAT – Job Creation in the Accommodation & Food Services Sector in Ireland (Q4 2016)
Irish Tourist Industry Confederation – 9 reasons why 9% matters Exec-Summary_9-Reasons-Why-9-Percent-Matters
Retaining the 9% tourism and hospitality VAT rate to maintain competitiveness and ensure growth and prosperity in Ireland’s largest indigenous sector – ITIC & BDO July 2017 report ITIC_BDO-Vat-Final-Report
A number of economic reports were released in 2013 which outlined key figures and statisical data to back up the reasoning behind the Keep VAT at 9% Campaign.
Links to these reports can be found here:
- Irish Tourist Industry Confederation Submission
- RAI Economic Impact of the reduction of the VAT
