A Clare hotelier is optimistic the proposals in the Programme for Government are an indication of a shift in focus away from FDI and towards helping indigenous companies.
Included in the draft, are promises to change the VAT rate for food, entertainment and hairdressing businesses, which would be implemented as part of budget 2026.
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The Department of Finance estimates the cost of reducing the rate from 13.5% to 9% would be €545 million per year.
Co-owner of Hotel Woodstock and Clare Tourism Advisory Forum Chair, Sean Lally, says recent budget surpluses have enabled the country to absorb this.
Listen to the full interview here