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9% VAT Rate Could Reportedly Return For Hotels If Sector Faces Economic Pressure

Published on Jun 25 2019 9:51 AM in Hotel tagged: Featured Post / Brexit / 9% VAT Rate

9% VAT Rate Could Reportedly Return For Hotels If Sector Faces Economic Pressure

Minister of state for tourism and sport Brendan Griffin reportedly told attendees at a hotel symposium in Dublin that the 9% VAT rate could be reintroduced for the hotel sector if a hard Brexit or som...

Minister of state for tourism and sport Brendan Griffin reportedly told attendees at a hotel symposium in Dublin that the 9% VAT rate could be reintroduced for the hotel sector if a hard Brexit or some other economic issue puts the tourism industry under pressure.

Griffin told attendees at the event that the rate, which was raised to 13.5% at the start of 2019, will remain under review.

Continuously Monitoring The Performance Of The Tourism Industry

Speaking to The Irish Independent, a spokesperson for Griffin said, "The government continues to monitor the overall performance of Irish tourism on an ongoing basis and all options relating to taxation and other factors affecting the industry are always open to consideration."

© 2019 Hospitality Ireland – your source for the latest industry news. Article by Dave Simpson. Click subscribe to sign up for the Hospitality Ireland print edition.

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