Hospitality
Hoteliers warn that return to 13.5% Vat rate will damage tourism sector
Government to make decision next week on whether to extend 9 per cent rate in place since November 2020
The Irish Hotels Federation (IHF) on Tuesday expressed its “deep concern” about the impact of what it says is a potential €400 million increase in Vat on the sector.
The Vat rate for the tourism and hospitality sector is due to return to a rate of 13.5 per cent from 9 per cent on March 1.
The increase is currently under consideration by the government at a time when consumers, both at home and abroad, ...