- Minister Peter Burke defends plans to cut VAT for the hospitality sector to keep it sustainable
- The tourism sector employs over 200,000 people and is valued at 9 billion euros
- Many small food outlets and coffee shops are under pressure, with some restaurants closing
- The VAT cut is intended as a stimulus and viability measure to sustain employment
- Government regulations and living wage requirements have pressured the sector
- The goal is to protect over 200,000 jobs and promote growth in the sector
- A new tourism plan and all-island food strategy will be introduced in September
- The government has added 90,000 jobs in the last 12 months and 600,000 since the pandemic
- Focus is on sustaining high-quality jobs in the economy
Source: breakingnews.ie
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
