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Displaying items by tag: VAT Cut

The tourism industry in Ireland has said it can deliver growth of 65% if the incoming government restores the 9% Vat rate.

The Irish Tourism Industry Confederation published its election manifesto today and said Brexit, weakened demand and increased costs of business have resulted in revenue falling by 1% in 2019 with regional Ireland hit hardest.

The confederation is made up of tourism businesses and stakeholders including Aer Lingus, B&B Ireland, Irish Ferries, the Restaurant Association of Ireland and the Vintner’s Federation of Ireland.

Along with a Vat reduction, the confederation said the cost of insurance must also be addressed.

For more on this story from BreakingNews.ie click here.

Published in News Update

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