Its being hoped that Irish tourism will cope with VAT hike successfully

Published on : Saturday, October 13, 2018

Irish tourismThe primal scream from tourism and hospitality operators in terms of the return of their VAT to 13.5 percent is comprehensible, considering the scale of dissatisfaction among those, particularly the rural people, who expected the 9 per cent would be retained yet again.

However, the reaction from the budget day has also been somewhat distraught. When the dust settles, it will turn out to be apparent to the level-headed that the world has not ended.

Following the #keepvat9 hashtag on Twitter in recent times, I was struck by the outsized levels of hopelessness among smaller operators. They probably have forgotten that the accomplishment of their businesses is founded, not on a VAT rate, but on abundant creativity and skill of the owners’. None of that was eliminated on Tuesday.

The growth in the tourism VAT rate will definitely make life even tough for few smaller restaurant and hotel operators in certain parts of Ireland. However, this sense that they all will absorb the increase is overdone. With inbound visitor numbers in record numbers and an economy growing at 5.5 percent this year, there is possibility to pass the increase on to customers, most of who will understand.


Related Posts


Leave a Reply

Your email address will not be published. Required fields are marked *

arrow2Follow TTW
facebook-logo  twitter-logo  LinkedIn_logo  rss_logo 
ttw_blogger_logo  ttw_blogger_logo


  • 05 EMITT 2021
  • 13 IITM 2022
  • 15 SATTE 2022
  • 16 Conventa 2022
  • 16 SAHIC 2022



      January 16 - January 22
    2. FITUR

      January 19 - January 23

      January 19 - January 20
    4. MATKA 2021

      January 20 - January 23
    5. TTF Chennai

      January 21 - January 23