Proposed VAT increase a further blow to struggling Donegal business

Share on facebook
Share on twitter
Share on whatsapp
Share on linkedin

Irish business group IBEC, has lashed out at the planned 2 per cent VAT increase  in next year’s Budget.
Its Chief Economist says it will hit consumer spending, delay the recovery and be a further blow to an already fragile domestic economy.
However the Tanaiste insists the hike, which will increase the top rat to 23 per cent, is not a done deal.
IBEC’s Fergal O’Brien says if it does go ahead it’ll only encourage cross border shopping:
[podcast]https://highlandradio.com/wp-content/uploads/2011/11/19ibec.mp3[/podcast]

Advertisement
Advertisement
Advertisement

Top Stories

Advertisement