Tourism firms may raise prices to pay off warehoused tax bills

Accommodation & Food Services businesses have until May 1 to repay the debt or enter a phased repayment arrangement.

More than 900 food and accommodation businesses in Ireland's hospitality sector owed at least €50,000 in warehoused tax debt with over 100 firms owing at least €500,000.

Analysis carried out by Fáílte Ireland found that businesses in the Accommodation & Food Services sector still owe more than €265m as of January 2024 out of a total of €1.7bn owed by various businesses.