Possible wave of bankruptcies in the catering industry

Possible wave of bankruptcies in the catering industry

Many eating establishments may not survive the fall. The most vulnerable to bankruptcy are small restaurants, bistros and milk bars.

Restaurateurs warn that there will be a rash of bankruptcies in the industry after the vacations. Many have survived COVID-19, but inflation is already a big problem. Prices for energy in particular have risen dramatically. On top of that, the industry is complaining about the increasing frequency of tax audits. Not only are there more of them, but the fines imposed as a result are higher. On average they amount to PLN 860, while a year ago it was PLN 577.

Entrepreneurs affiliated with the Northern Chamber of Commerce in Szczecin, announce that they will survive the holiday season, but autumn will be difficult. According to Hanna Mojsiuk, president of the chamber, if there is no systemic help for the catering industry, there will be no one left to bail out in October. According to her, the most vulnerable to bankruptcy are small restaurants, bistros and milk bars.

Entrepreneurs affiliated with the Northern Chamber of Commerce are asking the government to abolish VAT for restaurants. They also want a halt to debt collection against companies that are having trouble paying back subsidy reimbursements from the Polish Development Fund. The Finance Ministry, however, announces further inspections, while it is reluctant to give restaurants concessions and VAT exemptions.

Source: https://www.money.pl/gospodarka/przez-drozyzne-upadaja-restauracje-po-wakacjach-pogrzeb-polskiej-gastronomii-6792104475753216a.html

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