Displaying items by tag: VAT Cut
20th January 2020
Irish Tourism Industry Demands 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.
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