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Killarney hotelier warns of “dangerous” VAT increase

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Prominent Killarney hotelier and IHF spokesman Tom Randles says the government’s proposed VAT increase on tourism-related goods could have major ramifications for the town’s tourist trade.

The rates for accommodation and food were lowered to 9% in 2011 to help promote job creation. However, a recent review of the VAT rate carried out by the Department of Finance said the measure had achieved its purpose and recommended that it be reset at 13.5%.

Speaking to the Killarney Advertiser, Mr Randles said that such a move would lead to higher prices for people visiting the town.

“If VAT goes up to the proposed 13.5% it would be very dangerous for the tourism industry, particularly in Kerr,” he said.

“It may dampen demand if prices increase. If the market was to tighten up it would be very bad for Killarney. The VAT rate was lowered to 9% in 2011 and that was a great success.

“The current rate is normal in Europe,” he added. “10 other EU countries have a rate of 10% or lower.”

The proposed VAT hike would predominantly affect the larger hotels as most B&Bs are not registered for VAT.

Earlier this year, the TEIR 1 tourism report revealed that 1.1 million visitors come to Killarney annually and the vast majority stay overnight. An increase of 30% is expected before 2025 but if the VAT rates return to 13.5% as proposed, those figures may have to be revised.

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Additional Flat fixture for Killarney Races next week

Horse Racing Ireland has announced there will be an additional Flat Meeting at Killarney next Monday (October 10). This meeting will close for entries by 12 noon this Wednesday (October […]

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Horse Racing Ireland has announced there will be an additional Flat Meeting at Killarney next Monday (October 10).

This meeting will close for entries by 12 noon this Wednesday (October 5) with declarations to run to be made by 10am this Saturday (October 8).

The race programme details for this fixture are on the HRI RAS website www.hri.ie.

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Lee Strand awarded Gold in Sustainability Programme

Lee Strand was recognised once again for their exceptional performance and commitment to sustainability with Gold Membership at the Origin Green 2022 awards. Origin Green is Ireland’s food and drink […]

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Lee Strand was recognised once again for their exceptional performance and commitment to sustainability with Gold Membership at the Origin Green 2022 awards.

Origin Green is Ireland’s food and drink sustainability programme led by Bord Bia – The Irish Food Board. Gold Membership is awarded to companies who demonstrate an exceptional annual performance on their sustainability targets.

“We are delighted Lee Strand is recognised once again with the prestigious Origin Green Gold Membership for our commitment to sustainability,” Gearoid Linnane, CEO said.

“In Lee Strand environmental management and sustainability are key elements of our business model, from launching 100% renewable cartons, to reducing water usage and energy efficiency. This is a great achievement by our sustainability team who are continually striving for higher levels of environmental excellence. We would also like to thank Veronica Kennelly from the Munster Technological University who assisted Lee Strand in the development of our Origin Green plan.”

Origin Green continues to evolve to ensure Bord Bia is helping Irish food and drink companies to remain up to date with the evolving needs of trade customers and their consumers, globally. With the introduction of the Origin Green credits system in early 2022, it is now easier to identify members who are performing at a high level or excelling in their sustainability performance.

To retain ongoing membership of Origin Green, companies must subsequently submit an annual review to demonstrate clear progress against the established targets and initiatives set. This annual review is subject to an independent third-party review by their verification authority Mabbett. This ensures minimum programme requirements are consistently met and maintained. Companies receive credits for their performance in areas such as raw material sourcing; water and energy efficiency; waste reduction; packaging; and social sustainability. Origin Green has established five different membership tiers based on company size and turnover, so that a real diversity of industry is reflected in the overall Gold Membership.

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