The 9 per cent VAT rate must be retained.
That’s according to Seanad Leas-Chathaoirleach Senator Paul Coghlan.
He believes the 9% rate is essential for continued growth in the tourism and hospitably sectors particularly in regional areas.
Senator Coghlan says there’s an imbalance between Dublin and the rest of the country and says Dublin hotels should not be allowed to dominate the discussion on the VAT rate.
The 9% VAT rate continues to be an important tool in enabling the sector to maintain value for money for our visitors, particularly in rural areas, according to Mr Coghlan.
He adds that the current VAT rate has led to a boost in jobs growth.
Mr Coughlan feels given all of the uncertainty around Brexit it would be imprudent to risk damaging the hospitality and tourism sector by making it less attractive for visitors.
He says many regional areas are still a long way from achieving sustainability and are totally reliant on seasonal business.