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Optimizing Covers in Phase Three
IFSA/Chef Network Operating Guidelines
Brand Building with Video
Fáilte Ireland Business Hub supports industry

Tourism VAT cut likely in Budget

The hospitality sector is expecting the special VAT rate for tourism services to be cut from 13.5% to 9% in to-day's Budget.donohoe1019

The change, together with most details of the Budget has been heavily leaked over the past 24 hours.
Tge industry will also be looking at the level of suppoprts avauilable for ailing businesses and laid-off workers and possibly a large increase in funding for Tourism Ireland and Failte Ireland.
A major Live Entertainment Support Package to help music venues and theatres cater for reduced-capacity concerts and events is also expected. Grants of a minimum of €10,000 would help meet the costs of events where numbers are limited due to social distancing.
 The commercial rates holiday for businesses is expected to be extended into next year.
 Budget 2021 is also expected to set aside €500 million to fund cross-border projects over the next five years. The work will be overseen by the new Shared Island unit, set up in the Department of The Taoiseach.
 The funding should guarantee delivery of the Government's contribution to the planned Monaghan-Derry motorway.  
 It is also likely to finance a new phase of the Erne Waterway, an element of expanded university facilities in Derry and mooted rail improvements linking Belfast, Dublin and Cork. 
 This new fund may also help to provide greenway tourism initiatives along disused railway lines in border counties similar to the successful facility in the Mayo constituency of former taoiseach Enda Kenny.
One of the final parts of the Budget agreed last night was a decision to pay a Christmas bonus for a majority of those receiving the Pandemic Unemployment Payment.



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