The government has announced a ‘stay and spend’ tax rebate for people to claim money back on domestic holidays in Ireland.
The incentive will see any taxpayer spending over €625, on accommodation, food and non-alcoholic drinks able to claim back €125 through a tax credit.
The rebate will apply from October 2020 until April 2021.
People must spend a minimum of €25 to avail of this measure and facilities must be registered with Failte Ireland.
The measure was announced today as part of the government’s €7.4bn July Stimulus package.
A €10 million Restart Fund for the tourism sector is also being introduced, along with a €10 million pilot Performance Support Scheme for the culture sector to assist planning for events in the context of COVID-19.
The Jobs Stimulus aims to help businesses re-open, get people back to work and promote confidence during Covid-19.
Among the measures launched are a new Employment Wage Support Scheme. which will succeed the Temporary Wage Subsidy Scheme, and run until April 2021.
With limited exceptions, all businesses will be granted a waiver of commercial rates for the six months to end-September 2020, at a total cost of €600 million.
The Restart Grant for Enterprises is being extended to a broader base of SMEs and expanded by €300 million, bringing the total funding of the Restart Grant to €550 million.