Tourist chiefs in the North want their VAT rate cut to compete with the Republic

More than 2,000 jobs could be created in the North if the VAT rate on hotels and visitor attractions there is cut to 5%, a report for the Northern Ireland tourism industry has shown.

Tourist chiefs in the North want their VAT rate cut to compete with the Republic

More than 2,000 jobs could be created in the North if the VAT rate on hotels and visitor attractions there is cut to 5%, a report for the Northern Ireland tourism industry has shown.

Hospitality businesses pay VAT at a rate of 20% - more than twice that of competitors in the Republic of Ireland.

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