Deputy Seán Canney has called for an immediate reduction in VAT for food businesses to 9% as the sector faces unprecedented challenges.
The call comes ahead of a Private Members Debate next Wednesday morning on the matter, with Deputy Canney saying there is still a glimmer of hope that the government might reverse its stance and provide the essential support SMEs urgently require.
Deputy Canney said that this is not just about numbers – “it’s about survival”. Many retailers and restaurants have already been forced to close their doors, costing precious jobs and eroding the vitality of local communities.
He said that local, family-run businesses are more than just commercial entities.
“They are the cornerstones of community interaction and social cohesion. Their decline signifies not just an economic loss but a profound social one,” the Independent TD said.
“The government’s failure to act not only jeopardises these enterprises but neglects the invaluable social fabric they weave in our lives. SMEs are not merely a segment of our economy; they are its very pulse.”
As the debate approaches, the Regional Group of TDs, of which Deputy Canney is a member, says it is adamant about championing the cause of SMEs.
“Our motion is clear,” he said. “It’s time to stand by the businesses that serve as the backbone of our local economies and communities. We cannot allow the government’s inaction to dim the vibrant spirit of our nation’s towns and villages.
“Join us in this critical moment to demand action and support for our SMEs. Together, we can turn the tide and ensure the survival and thriving of our local businesses. The time to act is now.”
