Should people take the hit for the hospitality sector?

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Andrea Gilligan invites callers to have their say on the topics of the day - get in touch by emailing [email protected] Listen and subscribe to Lunchtime Live on Apple Podcasts and Spotify. Download, listen and subscribe on the Newstalk App. You can also listen to Newstalk live on newstalk.com or on Alexa, by and asking: 'Alexa, play Newstalk'

Should people take the hit for the hospitality sector?

The Government plans to allocate €1.5 billion for tax cuts in the upcoming October Budget, but €1 billion of that will go toward reducing VAT for restaurants, bars, and cafés from 13.5% to 9%. Finance Minister Paschal Donohoe confirmed the measure aims to support the struggling hospitality sector. However, it leaves just €500 million for all other tax measures. These new plans will significantly be limiting the potential for personal tax cuts at a time when households continue to feel the pressure of the cost-of-living crisis. Joining Andrea to discuss is Deputy General Secretary Responsibility Private Sector, Greg Ennis, as well as business owners and listeners.

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