Tuesday, 30 June 2020

Questions (56, 71)

Verona Murphy

Question:

56. Deputy Verona Murphy asked the Minister for Finance if he will reduce the VAT rate for the hospitality sector to assist the industry with recovery as a result of the impact caused by the Covid-19 crisis; and if he will make a statement on the matter. [13254/20]

View answer

Brendan Smith

Question:

71. Deputy Brendan Smith asked the Minister for Finance his plans to reduce VAT on the hospitality and tourism sector in view of the adverse impact of Covid-19 on the sector; and if he will make a statement on the matter. [13525/20]

View answer

Written answers (Question to Finance)

I propose to take Questions Nos. 56 and 71 together.

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 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. 

Question No. 57 answered with Question No. 26.