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VAT Rate Application

Dáil Éireann Debate, Wednesday - 20 May 2020

Wednesday, 20 May 2020

Questions (53)

Carol Nolan

Question:

53. Deputy Carol Nolan asked the Minister for Finance his views on amending and revising down the VAT rate applicable to the hotel and tourism sector; and if he will make a statement on the matter. [5885/20]

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Written answers

The Government is fully aware of the unprecedented impact that the coronavirus is having on business and people’s livelihoods. In this regard a range of measures have been introduced to provide income support to those who need it while also giving confidence to employers to retain the link with employees so that when this crisis passes - and it will pass – our people can get back to work as quickly and seamlessly as possible.

In addition to current support measures, my officials are examining a range of possible measures to ensure that the economy is in a position to recover rapidly while maintaining a stable tax base.

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