Tag: tourism

Ireland lowers VAT rate on number of goods

Ireland lowers VAT rate on number of goods

Ireland has slashed its VAT rate on a number of goods, including restaurants, hospitality and tourism in a bid to boost the economy and get consumers spending again. The country’s Government lowered the rate from 13.5% to 9% on 1 July and it will remain until December 2012. The new rate will mean slightly lower [...]

July 4, 2011 | 1 Comment More
Beware the myth of ‘commission free’ exchange rates

Beware the myth of ‘commission free’ exchange rates

British holidaymakers are being misled into believing that a ‘commission free’ exchange means they are getting the best deal for their holiday money. Online currency provider FairFX said many Brits are unaware that the exchange rate is just as important as the commission fee in determining how much of a foreign currency they’re getting for [...]

April 7, 2009 | 0 Comments More
Australians have stockpiled 123 million days leave

Australians have stockpiled 123 million days leave

A trend of Australians not taking their full annual leave has worsened following the onset of the economic downturn and, as a result, has collectively accrued 123 million days leave which amounts to AUS$33 billion in wages. The Tourism Minister, Martin Ferguson, has revealed that he is currently considering spending the $900 stimulus payment in [...]

March 31, 2009 | 0 Comments More