Advertisement

We need your help now

Support from readers like you keeps The Journal open.

You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.

If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.

Shutterstock/Shebeko
Your Say

Poll: Do you agree with plans to increase the VAT rate for hotels and restaurants by 50%?

Industry figures say it could lead to job losses in the sector.

MINISTER FOR FINANCE Paschal Donohoe is set to announce next year’s budget in the Dáil today.

Spending increases on housing and social welfare will be unveiled alongside an increase in the price of things like petrol and diesel.

One of the more controversial measures being reported is an expected 50% increase on VAT in the tourism and hospitality sector.

The tax was reduced to 9% in 2012 to stimulate the tourism industry, but Donohoe says the reduced rate can no longer be justified because the sector is doing so well.

However, industry figures have suggested that restoring the 13.5% rate will lead to business closures and job losses and will do more harm than good.

But we want to know what you think: Do you agree with plans to raise VAT rate in the hospitality sector by 50%?


Poll Results:

Yes (5272)
No, it should stay as it is (3540)
No, but it should still be higher (1109)
I'm not sure (508)

Your Voice
Readers Comments
101
This is YOUR comments community. Stay civil, stay constructive, stay on topic. Please familiarise yourself with our comments policy here before taking part.
Leave a Comment
    Submit a report
    Please help us understand how this comment violates our community guidelines.
    Thank you for the feedback
    Your feedback has been sent to our team for review.

    Leave a commentcancel