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Tag Archives: Employment Wage Subsidy Scheme

Hospitality hit by a double blow ahead of festive season

GOVERNMENT supports like the Employment Wage Subsidy Scheme need to be extended for at least four months to help the struggling hospitality sector to survive, according to local hoteliers. Clare hotels, who are big commercial ratepayers, suffered a double hit this week with a 3.8% hike in commercial rates and a reduction of financial supports under the EWSS. Old Ground Hotel proprietor, Allen Flynn described the decision to increase rates as “extraordinary” at a time when a lot of businesses are struggling to stay open. “It is only government supports that is keeping most businesses open at the moment. These supports need to be continued for the first six months of 2022. “For a local authority to increase its commercial rates is completely at odds with what the government are trying to do. Other Chamber members are shocked and very disappointed with the increase. This sends out a very bad message to business. Despite a strong staycation market when the …

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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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