Tourist bodies welcome retention of 'job-friendly' VAT rate

Fáilte Ireland and the Restaurants Association of Ireland have said that the retention of the 9% VAT rate for the hospitality sector will help to maintain the sector's current level of employment growth.

The body said that up to 30,000 extra tourism jobs have been created since the measure was introduced in 2011, and has added to the perception overseas that Ireland is a destination which is good value for money.