Irish pubs facing last orders with VAT hike hitting price of pints
Irish Daily Mirror|August 15, 2023
Bars could close as industry faces 'tipping point'
SEAN MURPHY
Irish pubs facing last orders with VAT hike hitting price of pints

PUBLICANS have warned bars "could close" as the €2.5billon trade faces a "tipping point" due to pint price hikes and an imminent VAT increase.

Diageo, owner of brands such as Guinness, Carlsberg and Rockshore, announced on July 19 it was introducing a 4c plus VAT price increase from yesterday.

It means a 16c hike and publicans and vintners warned of its damaging effects alongside a VAT increase from 9% to 13.5% and ongoing inflationary costs.

Cork Vintners' Federation of Ireland chairperson Michael O'Donovan fears it could mean the last orders for some pubs

This story is from the August 15, 2023 edition of Irish Daily Mirror.

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This story is from the August 15, 2023 edition of Irish Daily Mirror.

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