IHF calls for change to VAT anomoly
In reaction to today’s Budget announcement, the Irish Hotels Federation (IHF) has called on the Minister for Finance to urgently address the serious competitive disadvantage which the Irish VAT system places on business tourism.
“All of Ireland’s European competitors with a VAT rate of over 10% allow business tourism such as conferences, incentives and major corporate meetings to reclaim VAT on hotel expenditure. This is not the case in Ireland and even our nearest neighbours Britain and the North have this facility,” stated Richard Bourke, President, IHF.
