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Tag Archives: Employment Wage Subsidy Scheme

More measures needed to boost tourism – Michael Vaughan

HOTEL closures imposed by Covid-19 restrictions has cost a Lahinch hotelier a drop of €425,000 in turnover at the end of July compared with the corresponding period last year. Michael Vaughan who runs Vaughan Lodge predicts that regardless what happens for the remainder of the tourism season 2020 will be a loss-making year. Commenting on the publication of the new coalition’s much anticipated July Stimulus, the former Irish Hotels’ Federation (IHF) president also estimates he is unlikely to do one tenth of the turnover he generated last year. Mr Vaughan expressed disappointment over the government’s decision to leave the tourism 13.5% VAT rate for accommodation and food unchanged in line with their counterparts in Northern Ireland who are now benefiting from a 5% rate. He claimed the new Staycation tax rebate involved a very complicated system, which has excluded a large amount of people who may not have the income to benefit from this initiative. In view of the fact …

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