Hoteliers and Restauraters around the country can breathe a sigh of relief that the government has shown support and far sightedness for the hospitality industry in retaining the 9% VAT rate. The measure, originally introduced by the Government in 2011, has made a significant contribution to job creation in the tourism sector and to the perception overseas that Ireland is a destination which is good value for money.
Adrian Cummins, Chief Executive of the Restaurants Association of Ireland and his team ran a great campaign lobbying the government on the importance of retaining the VAT at 9%.
According to the RAI, “In our Pre-Budget Submission, we set out objectives that we wanted met, namely the retention of VAT at 9% into 2015 which has been guaranteed. VAT at 9% into 2015 is crucial, not only to the sustainability of restaurants and businesses in the tourism sector, but also to job creation and regrowth for our economy.”
As a business dedicated to investment in our product and our people, we welcome this opportunity to continue to grow our business as well as sustain and create jobs in our community. Following tough times during the past few years, it is encouraging to see the positive movement in tourism sentiment.
This is an exciting time for tourism in Donegal. At Harvey’s Point, we have always been keen to promote Donegal as a desired destination to overseas tourists and to the domestic market. We firmly believe that our beloved county is well positioned to attract more visitors in the coming years. Our region has taken a back seat for far too long. The Wild Atlantic Way will prove to be a useful hook in our marketing activities. The secret to our future success is by working together as a community; a community that share the same goals and above all, the same passion for Donegal – it’s rugged beauty, it’s iconic attractions and above all, it’s people.