Government announces staycation tax rebate as part of July stimulus plan

Image: Shutterstock/Summer Photographer Image: Shutterstock/Summer Photographer THE GOVERNMENT HAS announced a ‘stay and spend’ tax rebate for people to claim money back on part of their hospitality costs while holidaying in Ireland.

As part of this, it is understood that people can receive 20% back from their restaurant and hotel bills in the form of a tax credit at the end of the year.The maximum expenditure for individuals under this measure is €625, with €125 received in taxback.People must spend a minimum of €25 to avail of this measure, Taoiseach Micheál Martin said today.

He said this will give “opportunities for people to take weekend breaks, go to restaurants and keep the industry going” when the summer tourism season ends.

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