MICHAEL Collins TD has warned that the Government’s long-promised VAT cut for the hospitality sector risks coming far too late to save many struggling tourism and hospitality businesses — calling it ‘a shocking failure’ in the face of mounting industry pressures.
‘The reality is clear: this summer season has been patchy, inconsistent, and deeply worrying for thousands of employers,’ Deputy Collins said.
‘You can’t pay staff wages or overheads with uncertainty.’
Deputy Collins said while a 9% VAT rate could help boost competitiveness and ease pressure, its delayed delivery undermines its purpose.
He noted that tourism is worth €9 billion a year and supports 200,000 jobs, many in rural and coastal areas where employment is scarce.
