Tourism tax to stay at lower 9pc for next year: Minister Varadkar
Published 22/11/2011 | 15:54
LEO Varadkar, the Transport, Tourism & Sport Minister, has told a conference that the lower 9pc VAT rate for tourism products will remain in place next year.
"Many operators moved quickly to pass the VAT cut on to their customers following its introduction. Even where the rate was not passed on, it still benefited the tourism industry by helping businesses to expand their operations or take on additional staff," the Minister said.
He was speaking at the opening of the Good Food Ireland conference in the Shelbourne Hotel in Dublin.
And Mr Varadkar admitted that there was a risk of the Government losing the support of some backbenchers for the Budget next month.
Finance Minister Michael Noonan has already said that intends to raise the top rate to 23pcin the Budget.