Menu

Ireland's sailing, boating & maritime magazine

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

About Stena Line

Stena Line is one of Europe's leading ferry companies with 37 vessels and 17 routes in Northern Europe operating 25,000 sailings each year. Stena Line is an important part of the European logistics network and develops new intermodal freight solutions by combining transport by rail, road and sea. Stena Line also plays an important role for tourism in Europe with its extensive passenger operations. The company is family-owned, was founded in 1962 and is headquartered in Gothenburg. Stena Line has 4,300 employees and an annual turnover of 14 billion SEK.