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?
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...
Subscribe from just €1 for the first month!
With any subscription you will have access to
Unlimited multi-device access to our iPad, iPhone and Android Apps
Unlimited access to our eReader library
Exclusive daily insight and opinion seven days a week
Create alerts to never miss a subject that matters to you
Get access to exclusive offers for subscribers on gifts and experiences
Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine
Private rental sector remains strong despite Covid-19
Demand continues to outstrip supply in both residential and PRS markets, while developers adapt new build designs to take the pandemic into account
How the programme for government will shape housing
Several strategic changes offer an opportunity for positive reform of planning and development
Comment: US must defuse Covid-19’s ticking time bomb of debt
The United States cannot defeat the pandemic like a military foe but it can learn from looking back at its post-war economic recovery