We’ve got Galway Covered…
Naturally the hospitality industry in this country has seen significant decrease in business due to the lack of international tourists however the government have put an incentive in place to help boost the Irish Tourism industry. The “staycation voucher” will offer an incentive to Ireland’s residents, promoting domestic travel into those areas usually frequented by tourists. A tax refund of up to €125 will be offered to consumers who spend over €625 on accommodation, food or non-alcoholic beverages.
The government is hoping that this rebate will encourage people to travel across the country rather than abroad and help out the struggling hospitality industry at home. It is expected that the voucher will remain valid from this autumn until April of next year.
Under the terms of the incentive:
- You must spend a minimum of €25 in a single transaction on qualifying expenditure and submit the receipt to Revenue
- You can submit receipts up to a total of €625, or €1,250 for a jointly-assessed married couple
- Revenue will provide an income tax credit of up to €125 per person, or up to €250 for a jointly-assessed married couple
Hopefully this voucher will help people to have the opportunity to get out and see more of the country this year and to help stimulate the local economy and create long lasting memories in the fantastic Irish hotels and restaurants.
For more information how to claim the rebate click here.