Published on Friday1stJuly2011

Minister Varadkar marks lower VAT rate for tourism

Tourism Minister Leo Varadkar today marked the introduction of the new lower 9% VAT rate for tourism products. The Minister called on businesses to pass the reduction on to customers, and welcomed the lead shown by the Restaurants Association of Ireland and the Irish Hotels Federation...

This measure has the potential to significantly boost jobs in the tourism industry. It’s one of the single most important measures in the Government’s Jobs Initiative. But it will only work if businesses pass on the benefits of the lower VAT rate to customers.

Read the full press release here.