Proposals To Introduce 'Split' VAT Rate For Struggling Businesses

A Fine Gael Senator is behind the push.

A new 'split' VAT rate should be introduced to help struggling small businesses. 

Many, especially those in the retail and hospitality sectors, fear closure if they don't get some form of government support. 

One Fine Gael senator is suggesting a two-tier VAT rate, one for larger firms and a lower 9% rate for SME's. 

Maria Byrne says without help many will go under over the summer months. 

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