Fáilte Ireland today welcomed the continuation of the reduced rate of 9% VAT for the hospitality sector. The measure, which was originally introduced by the Government in 2011, has made a significant contribution to job creation in the tourism sector and to the perception overseas that Ireland is a destination which is good value for money.
Speaking today, Fáilte Ireland’s CEO, Shaun Quinn, emphasised:
“The tourism sector is once more experiencing steady growth and generating significant levels of revenue and jobs – particularly in rural Ireland where tourism is the main local industry in many parts. The lower VAT rate allows Irish tourism to compete aggressively with competing overseas destinations and to provide our visitors with the good value to match the quality of our welcome. The continuation of this measure will help sustain growth and deliver more jobs in the year ahead.”