Ireland’s hospitality sector is set to receive a long-anticipated boost, as the government has agreed to include a Value Added Tax (VAT) reduction in next year’s national Budget. The measure, part of Tuesday’s €9.4 billion Budget package, is designed to provide relief to restaurants, cafés, and other service-based businesses—but it won’t take effect until mid-2026. VAT Reduction Details Under the …
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Minimum Wage Rises to €13.50 per Hour on New Year’s Day
Starting tomorrow, the minimum wage will rise by 80 cents to €13.50 per hour, benefiting around 195,000 workers. However, many small businesses are expressing concerns that this increase, part of a series of rising costs, will ultimately result in higher prices for consumers. Mark O’Keeffe, who owns the Brown Sugar hair salons in Dublin, highlighted that the minimum wage has …
Read More »Independents Might Miss Out on Full Cabinet Role in Next Government
Independent TDs who are expected to support the upcoming government may not receive a full Cabinet position and might have to accept a super junior role instead. Following the election of Verona Murphy as Ceann Comhairle, there is some hesitation within Fianna Fáil and Fine Gael about offering a senior Cabinet position to an Independent TD. Seán Canney and Noel …
Read More »Christmas Spending Up 1% This Year, Reports Retail Ireland
Retail Ireland’s latest report, released this Christmas Eve, reveals that the average household will spend an additional €1555 in December compared to other months, reflecting a 1% increase from last year. The retail group anticipates total retail spending for December to reach €8.9 billion, €3 billion more than the typical monthly expenditure. This surge in Christmas spending is partly attributed …
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