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Irish Mirror
Irish Mirror
National
Fergal Blaney

Fears that VAT hike could send pint prices soaring - as publicans warn they're struggling to pay bills

Publicans are warning of more price rises if the Government presses ahead with a scheduled VAT hike for the hospitality sector.

Pubs, restaurants and hotels currently enjoy a special 9% VAT rate, as opposed to the regular 13.5% rate for other sectors.

However, the Government is losing billions in lost tax receipts because of this and it is scheduled to end on February 29th next.

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