Local hospitality sector deserves a level playing field says Hazzard
• the hospitality VAT rate in South is 9%, and 20% in the North
Pubs and restaurants are closing at an alarming rate due to spiralling costs and the UK government needs to intervene to support the hospitality sector before it is irreparably damaged. argues Chros Hazzard MP.
The Sinn Féin MP Chris Hazzard has again called on the British government to reduce VAT for the hospitality sector in the north, following a meeting with local hospitality leaders.
Speaking after the meeting in Dundrum, the South Down MP said: “County Down has some of the best hospitality offering across Ireland.
“Our hospitality businesses play an important role as social hubs, local employers, and as engines for economic growth. The sector is under huge pressure, with the very viability of independent hospitality businesses threatened by British government policy here.
“The South enjoys a 9% VAT rate, while businesses in the north face a 20% rate. Our local hospitality businesses would benefit massively from a level playing field.
“With the all-Ireland economy continuing to grow, harmonising VAT for the hospitality sector across the island would be a game changer.
“Sinn Féin Ministers have consistently pressed the British government on this issue.
“At a time when the cost of doing business is sky-rocketing, this reduction would be a life-line for local hospitality.
