Reacting to the Budget, Drinks Industry Group of Ireland chair Liam Reid: said:
The country’s airports and airlines were left disappointed after the Budget, which included only a small measure directly targeting support for them as they continue to be hit by the Covid crisis.
Minister for Expenditure and Reform, Michael McGrath, said that a support package of €10m is being made available for Shannon and Cork airports “to address challenges”, but did not specify what those supports would entail.
The Minister for Finance Paschal Donohue has announced a reduction of VAT on Tourism Services from 13.5% to 9% for the period 1st Noivemer 2020 to 31st December 2021.
The Minister for Public Expenditure Michael McGrath has announced a €55m Business Support Scheme for Tourism.
€5m for Tourism Product Development