Tourism & Hospitality Sector Boosted by extended VAT Reduction

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Local Enterprise Week 2024

Local Enterprise Week is organised every year by the 31 Local Enterprise Offices across the country. This year Local Enterprise Week takes place from Monday,

The Government has announced the extension of the 9% Value Added Tax (VAT) rate for the tourism and hospitality industry for a further six months.

Minister for Finance Paschal Donohoe said: “The 9% VAT rate was introduced in response to the challenges posed by Covid-19 to support the hospitality sector and today the Government has decided to extend the period when the 9% rate will apply for a further six months. This will provide further support to the tourism and hospitality sectors over the busy November/December period and into the early New Year.”