Taoiseach Leo Varadkar has confirmed that the Government will explain next week how temporary tax measures will be “phased out” for the rest of the year.
As cost of living talks continue over the weekend ahead of next Tuesday’s Cabinet meeting, it is now widely expected that the 9% VAT rate for the hospitality industry will increase to 13.5% as planned.
Other tax measures currently in place that are due to expire at the end of the month include excise duty cuts on petrol and diesel, as well as VAT cuts on electricity and gas.
