Romanian PM: Government considers lowering the VAT for tourism

tourists

The Government ponders reducing the VAT from 24% to 9% for all tourism activities, said Prime Minister Victor Ponta, who spoke at the opening of the Tourism Fair.

In mid-January, the Government approved the reduced VAT rate of 9% for half board / full board / all-inclusive accommodation services.

During the Tourism Fair speech, Ponta also said that the Government will solve in the next period the holiday vouchers’ problem, reports local Dailybusiness.ro. Two days ago, the Romanian Tourism Employers Federation (FPTR) said Romania’s tourism industry has lost about EUR 50 million because it hasn’t enforced the law on vacation vouchers since the beginning of this year.

All state employees should receive electronic holiday vouchers instead of holiday tickets or bonuses, but private companies can also give their employees holiday vouchers.

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