Cavan/Monaghan Fianna Fáil TD Brendan Smith has again repeated his call for urgent government assistance for the tourism/hospitality sector.
In recent Parliamentary Questions the Cavan/Monaghan Fianna Fáil TD asked the Minister for Finance if he proposed to reduce VAT on this sector in view of the adverse impact of Covid-19 on tourism and hospitality.
The Minister in his reply to Deputy Brendan Smith stated –
“The Government is fully aware of the unprecedented impact that the coronavirus is having on business and people’s livelihoods. In this regard a range of measures have been introduced to provide income support to those who need it while also giving confidence to employers to retain the link with employees so that when this crisis passes our people can get back to work as quickly and seamlessly as possible.
In addition to current support measures, my officials are examining a range of possible measures to ensure that the economy is in a position to recover rapidly while maintaining a stable tax base”.
Deputy Brendan Smith stated that the tourism/hospitality sector needs direct financial support and also a reduction in VAT as it is a key employment provider throughout all of the country.
PQ below –
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For Written Answer on : 30/06/2020
Question Number(s): 71 Question Reference(s): 13525/20
Department: Finance
Asked by: Brendan Smith T.D.
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QUESTION
* To ask the Minister for Finance his plans to reduce VAT on the hospitality and tourism sector in view of the adverse impact of Covid-19 on the sector; and if he will make a statement on the matter.
– Brendan Smith T.D.
For WRITTEN answer on Tuesday, 30 June, 2020.
REPLY
The Government is fully aware of the unprecedented impact that the coronavirus is having on business and people’s livelihoods. In this regard a range of measures have been introduced to provide income support to those who need it while also giving confidence to employers to retain the link with employees so that when this crisis passes our people can get back to work as quickly and seamlessly as possible.
In addition to current support measures, my officials are examining a range of possible measures to ensure that the economy is in a position to recover rapidly while maintaining a stable tax base.
3/07/2020