Wednesday April 8, 2020

Colette Sexton on Business

Hotel owners outside Dublin are up in arms at a mooted increase to their Vat rate. Are they right to call foul?

30th September, 2018
Miles Kirby, managing director at AV8 Ventures, with Simon Phelan, founder of Hometree

Rumours that the 9 per cent tax rate for hotels and restaurants will be increased in Budget 2019 are causing consternation in the industry. When the 13.5 per cent Vat rate was reduced to 9 per cent in 2011, it was supposed to be a temporary measure. Now that hotel room prices have been restored, many believe it is time to return the rate to its 13.5 per cent.

However, hotel bosses outside Dublin and the major cities believe that increasing...

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