Tourism and hospitality businesses in the West are welcoming Government confirmation that the 9% VAT rate is being extended until September 2022.
This is one element of the National Economic Recovery Plan approved today by Cabinet, which sets out how Ireland is expected to recover from the Covid-19 pandemic over the coming months and years.
The Pandemic Unemployment Payment will be cut by 50 euro in September, and again in November, before being scrapped by February 8th next year, while the Employment Wage Subsidy Scheme has been extended to the end of this year.
It also extends the Covid Restrictions Support Scheme until the end of this year and extends the Commercial Rates Waiver for another 3 months until the end of September.
The aim of the plan is to have 2.5 million people across the country in work by 2024.
Meanwhile, houses built after 2013 are set to be brought under the local property tax under the changes approved by cabinet today.
A review will take place in November to revalue all homes and end the practice where properties built after 2013 were not being charged property tax.
Mayo FG Deputy Ring says today's plan is focused on helping people back into work, rebuilding sustainable enterprises and ensuring sustainable public finances.