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SIPTU’s Call for Elimination of 9% VAT Rate Bizarre

Chambers Ireland has today renewed its call for the 9% VAT rate for the hospitality and tourism sectors to be retained in Budget 2015. Speaking this afternoon, Mark O’Mahoney, Director of Policy and Communications, Chambers Ireland said “SIPTU’s call for the elimination of the 9% VAT rate is simply bizarre. The hospitality and tourism sectors are labour intensive, and employ significant numbers of people in a variety of businesses. It is vital that the businesses in these sectors are supported in order to protect jobs. Maintaining the 9% rate will help protect and grow employment throughout Ireland.”

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Capital Spending Needed to Future Proof Recovery and Create Jobs

Chambers Ireland has today (03/10/2014) called on the Government to increase capital expenditure in Budget 2015. Speaking this morning, Ian Talbot, Chief Executive, Chambers Ireland said “Capital spending by Government is now just over a third of the level in 2008. We are already feeling the impact of the lack of residential construction over the last number of years with the current housing crisis and the same will happen with our infrastructure unless we invest in the future now. Roads and transport generally, water treatment and supply, schools and health and wellbeing services are just some of the capital infrastructure areas crying out for investment.” “The Government took a soft option during the recession of cutting capital spending rather than taking tougher but potentially more effective options in the long term. Capital spending has made up the majority of spending cuts. This was tolerable in the short term but now is the time for it to be reviewed. We are not looking for 2008 spending levels but rather a return to a more normal level of investment for a recovering economy that will future proof our infrastructure and more importantly create desperately needed jobs,” he concluded.

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Welcome to Letterkenny Chamber

Letterkenny Chamber is delighted to work with over 200 businesses across letterkenny and the North West. We lobby on business issues, run events and represent our members at all times. 

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Letterkenny Chamber of Commerce
Grand Central Complex
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Co. Donegal
Tel: + 353 (0) 74 91 24866
Tel: + 353 (0) 74 91 25505
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