POSITIVE NEWS FOR TOURISM IN BUDGET 2014

The highlight of Budget 2014 from a tourism perspective, is the retention of the 9% vat rate.

This rate was originally  introduced in July 2011. It applies to a wide range of operations including restaurant and catering services, hotel and holiday accommodation, cinemas, theatres, museums, fairgrounds, amusement parks, sporting facilities, hairdressing, and printed matter such as brochures, maps, programmes and newspapers. These services were previously subject to 13.5% vat.

Congratulations to Adrian Cummins, CEO, Restaurants Association of Ireland and his team for leading this initiative and running a super campaign.

The abolition of the €3 air travel tax from April 1st next year is also welcome news. This will reduce visitor access costs and enhance our competitiveness in international markets.


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