VAT Rate Reductions

Dáil Éireann Debate, Tuesday - 27 January 2015

Tuesday, 27 January 2015

Questions (204)

Seán Kenny

Question:

204. Deputy Seán Kenny asked the Minister for Finance the estimated cost to the Exchequer if the 13.5% VAT rate was reduced to 13%; and if he will make a statement on the matter. [3508/15]

Written answers

Minister for Finance

I am advised by the Revenue Commissioners that the cost of lowering the reduced rate of VAT from 13.5% to 13% is estimated at €130m.