64% say Stay and Spend scheme won't encourage them to staycation

Tánaiste admits the initiative "isn't much use" to businesses now

Speaking on Morning Ireland this morning, Tánaiste Leo Varadkar admitted the Stay and Spend initiative "isn't much use" to businesses right now. Photo: Julien Behal Photography

More than three fifths (64%) of Irish people say the Government’s Stay and Spend scheme won't make them more likely to staycation in the country this year.

The Stay and Spend scheme which has been in place for almost two weeks now, was introduced to encourage taxpayers to holiday in the country by offering a maximum rebate of €125 back in tax credits on their spending in hotels, restaurants, pubs, B&Bs and other qualifying businesses.