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Excise Duties

Dáil Éireann Debate, Tuesday - 23 September 2014

Tuesday, 23 September 2014

Questions (171)

Seán Kenny

Question:

171. Deputy Seán Kenny asked the Minister for Finance the estimated cost to the Exchequer of reducing the excise duty on a pint of beer by 5 cents. [35711/14]

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Written answers

I am informed by the Revenue Commissioners that a reduction to the excise duty by 5 cent will also reduce VAT by 1.15 cent. The estimated cost to the Exchequer of the total reduction of 6.15 cent is €41 million.

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