The study from IFAC, which is led by chairman Seamus Coffey, found businesses in the hospitality sector are more likely to pass on VAT increases to consumers while keeping a higher proportion of VAT reductions, Photograph: Dara Mac Dónaill / The Irish Times

Businesses in the hospitality sector are more likely to pass on VAT increases to consumers while keeping a higher proportion of VAT reductions, research from the State’s spending watchdog has found.

The study by the Irish Fiscal Advisory Council (Ifac) also found that reducing VAT

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