VAT

VAT

 

PRESS RELEASE

 

The Irish Hairdressers Federation welcome retention of 9% VAT RATE

 

Tuesday 10th October 2017

Tuesday 10th October 2017

The President of the IHF, Mr Damien Nolan welcomes the retention of the 9% Vat Rate in the 2018 budget. He would like to thank those in the industry that supported the IHF KEEP VAT @9% campaign in the lead up to the budget. The reduced rate has been a major factor in working towards a somewhat more stable future within the industry.

While there is growth in the economy and a small increase in consumer confidence and spending any measure that helps to keep down the cost of running small indigenous businesses around the country is to be encouraged.

The reduction in the vat rate to 9% has been a key factor in helping to restore competitiveness and a return to growth in the economy. Hairdressing is a highly skilled, labour- intensive industry with the ability to employ people quickly and provide them with skills and a career for life. Salon owners want to continue to see jobs being created in the industry across the country.