Together with the IHF and the rest of the hospitality industry, I am delighted by the decision of Minister Noonan to retain the 9% tourism VAT rate in the 2014 budget.

The reduced VAT rate has been enormously important helping the industry survive recent years and even adding an additional 15,200 jobs when employment would otherwise have dropped significantly.

I have long supported scrapping the air travel tax and am very pleased it is to be abolished next year helping Ireland attract a greater share of overseas visitors.

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