A Lahinch hotelier has labelled suggestions to increase the VAT rate in the hotel sector for those charging over €150 a night as ‘a bonkers idea’.
As things stand, the reduced rate of 9% in the hospitality industry which was introduced as an emergency measure in the recession to increase revenue remains in place.
But there is now talks of reintroducing the 13.5% rate for those exceeding a certain price per night – with a threshold set at around €150.
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Former President of the Irish Hotels Federation and Lahinch hotelier Michael Vaughan is hitting out at the idea:
