Vision 2030 envisages 350,000 people employed in sector with exchequer revenue increasing to €2.3bn
VAT
The 9% rate is due to revert to 13.5% on Friday
Group revenues climbed 29% in the first half of the year with like-for-like Revpar up 23% amid improved occupancy rates
VAT rate for tourism and hospitality sectors is due to revert to pre-pandemic level of 13.5% next month
Inside Business podcast with Ciarán Hancock
Go to a garden centre and you will pay the same 13.5 per cent tax for a packet of environment-enhancing wildflower seeds as for a bag of peat compost, which strips bogs of their sequestered carbon
Stability Programme Update expected to indicate corporation tax receipts for year will exceed 2022′s €22.6bn
‘No economic case’ for extending lower VAT rate, Minister for Finance told
VAT reduction on gas and electricity bills was part of Government’s €1.2bn cost of living package
Data for first two months shows VAT has generated €700m more than at same point last year
Decision to keep VAT rate for hospitality sector at 9% shows handouts go not to those in most need
Business bodies broadly positive about extra supports and extension of 9% VAT for bars, restaurants and hotels
Fine Gael leader Leo Varadkar said it was ‘always’ the case that cuts to VAT for hospitality and excise would be temporary
Inside Politics: Leader of Scottish National Party had faced criticisms, but says she is stepping down because she no longer has the stamina
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