Oireachtas Joint and Select Committees
Wednesday, 29 March 2023
Joint Committee on Tourism, Culture, Arts, Sport And Media
Challenges Facing Providers of Tourist Accommodation in Ireland: Discussion
Mr. Cian ? Lion?in:
Yes. During last year's Estimates process, we had quite a detailed engagement with the Department of Finance on this issue. At the time, the case was not accepted but we will certainly make it again. Given the challenges tourism is facing, this could be done at a relatively modest cost to the Exchequer. Adjusting the VAT rate on VRT should accelerate the rebuilding of the car fleet. This is another major pressure point. The car fleet may reach 60% of 2019 levels by the height of the summer, but we have already reached 80% of tourist numbers coming in, so there is still this imbalance. To answer the Senator's question briefly, we will be pushing this point again.
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