Organizing a protest in front of the Government: the hotel and restaurant sector is threatened with huge bankruptcies

Organizing a protest in front of the Government: the hotel and restaurant sector is threatened with huge bankruptcies
Organizing a protest in front of the Government: the hotel and restaurant sector is threatened with huge bankruptcies

The protest should take place on Tuesday, the number of participants – up to 60.

“The protest against the Government’s policy is scheduled for September 27 from 11 a.m. to 1 p.m. in front of the Government building (on V. Kudirka Square). The planned number of participants is up to 60, the meeting is organized by the Lithuanian Hotel and Restaurant Association”, – Delphi stated Gabrielius Grubinskas, media relations specialist of the Marketing and Communication Department of the Vilnius City Municipality.

The protest is also announced on Facebook – to participate in the protest and demand that the government extend the VAT exemption for hotels and restaurants, invites entrepreneur Aida Čepukaitė.

“I’m angry. I am angry not without reason, but because our hotel and restaurant sector is facing bankruptcy. Huge bankruptcies. We will become insolvent and half of us will go bankrupt.

I call for a peaceful protest [rugsėjo] On the 27th, at Kudirka Square from 11 a.m. to 1 p.m. support us, be with us and show the authorities that we are really united on this issue, that VAT should be preferential for the catering and hotel sector”, A. Čepukaitė taught in the video.

Two draft laws on the extension of VAT relief for restaurants and hotels are currently submitted to the Seimas.

Finance Minister Gintarė Skaistė said this week that the VAT relief for catering establishments will not be extended, but businesses may be offered a tax deferral if the companies’ bills for energy resources exceed 10 percent. costs, writes BNS.

Preferential 9 percent VAT rate instead of the usual 21 percent. introduced for catering companies from July 2021, helping restaurants and cafes survive the restrictions imposed by the pandemic.

According to the Minister of Finance, it will be considered whether to keep the preferential VAT rate for accommodation services. It applies for seven years and expires at the end of this year.

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The article is in Lithuanian

Lithuania

Tags: Organizing protest front Government hotel restaurant sector threatened huge bankruptcies

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