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Explainer: How does the Stay and Spend scheme work?

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So far, 1,600 businesses in the hospitality sector have registered for the Government Stay and Spend scheme. From today, taxpayers will be able to claim back 20% of their food and accommodation spend at these registered locations, as a tax credit – with some exceptions. What is the Stay and Spend scheme?  The Government Stay and Spend scheme aims to encourage people to stay in Ireland over the autumn, winter and spring months - and to spend money in the hospitality sector.

The scheme will operate from today, 1 October until 30 April 2021.  How much money will I save?  You can claim back 20% of your bill from a restaurant, pub, hotel, B&B and other qualifying businesses.

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