Ireland’s tourism industry demands slash in Vat

Published on : Wednesday, January 22, 2020

Ireland’s tourism industry has explained that it can deliver growth of up to 65%, if the incoming government reinstates the 9% Vat rate.

 

Today, the Irish Tourism Industry Confederation published its election manifesto and said Brexit, weakened demand and rising business cost have caused a major drop in revenue by 1% in last year with regional Ireland hit hardest.

 

The confederation comprises 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 be addressed as well.

 

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