VAT rate to be reduced for Mayo hospitality sector

The VAT rate for the food and catering sector is to be reduced to nine per cent in the next Budget.

The news, confirmed by Finance Minister Paschal Donohoe, has been welcomed by Castlebar Councillor Cyril Burke.

He said it will provide important respite as well as certainty for businesses and hospitality.

The reduction will be implemented in the next Budget.