Report shows 30 thousand jobs created through reduced rate of VAT in hospitality sector

A new report shows that 30 thousand jobs have been created through the reduced rate of VAT in the hospitality sector. Failte_ireland_logo The nine per cent levy was introduced by the Government in 2011 to boost tourism and stimulate employment in the sector. The study – carried out by Deloitte for Failte Ireland – comes as new figures show a 10 per cent increase in tourist numbers. More than 324 thousand extra people travelled to Ireland – between January and June – compared to the same time in 2013. The Chief Executive of Tourism Ireland – Niall Gibbons – says all four of the country’s main markets have recorded growth: [audio_player src=””]