‘More needed’ on Vat front if tourism is to survive the crisis

Minister for Finance Paschal Donohoe TD leaving the Cabinet Meeting in Dublin Castle this afternoon.Photo: Stephen Collins /Collins Photos Dublin

The Government has potentially set back the recovery of the Irish tourism industry, and endangered its survival, by not slashing the tourism Vat rate to 5%, an industry body has said.

The long-awaited July stimulus package has also been slammed as being “not strong enough to stabilise the SME sector”.