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 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."
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