Covid-19 Committee Recommends Lowering VAT Rate For The Hospitality Sector

The Oireachtas group has published its first report ahead of the July stimulus package

They say there needs to be a balance between grants and loans as many businesses feel they already have enough debt built-up, while also making the restart grant available to more companies.

Committee chairman Michael McNamara says he's unsure whether the businesses should pass on the VAT rebate to customers, as their overheads remain the same: