Minister @Paschald I believe that, in a new economic reality where the economy is strong, growth is broadly balanced and full employment is within sight, it is appropriate to increase the rate of VAT in the tourism sector to 13.5 per cent from January 2019. #Budget19https://twitter.com/merrionstreet/status/1049641722521837568 …
This measure will raise €466 million in 2019 and allows me to achieve a number of priorities. Firstly, it allows me to reduce our reliance on increases in other tax heads, such as corporation tax. #Budget19
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I am allocating €35 million to the Department of Transport, Tourism and Sport in order to provide more targeted supports for the sector, including €4.5 million for regional initiatives such as Ireland’s Hidden Heartlands and the Wild Atlantic Way
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