Ireland budget 2019: Hotel VAT to rise amid affordable housing boost

The Irish government has announced a rise in VAT in the hospitality sector, alongside measures to increase the supply of affordable housing. Finance minister Paschal Donohoe announced a raft of tax and spending measures, with housing one of the central themes of next year’s budget, in the Irish parliament today. Tax on the hospitality sector, including hotels and restaurants, will rise from 9% to 13.5% from January 2019 and is expected to raise €466m (£409m). Donohoe said: “The tourism and hospitality sector also plays a key role in our economy, providing balanced regional growth and supporting nearly 240,000 jobs.” Cut