Michael McGrath
Question:168 Deputy Michael McGrath asked the Minister for Social Protection the estimated cost to her Department of a 2% increase in the standard rate of VAT; and if she will make a statement on the matter. [38469/11]
View answerTuesday, 6 December 2011
Questions (169)
Written answers
The estimated cost to the Department of Social Protection of a 2% increase in the standard rate of VAT would be of the order of €3.3m. per annum. The Department's expenditure on goods and services that are liable for VAT can vary from year to year. The estimate given above is based on relevant expenditure figures for 2010.