Holly Cairns
Question:511. Deputy Holly Cairns asked the Minister for Finance his views on reducing the VAT rate to 21% to assist the retail sector during the pandemic; and if he will make a statement on the matter. [15921/21]
View answerWednesday, 24 March 2021
Questions (511)
Written answers
As the Deputy will be aware, I did not extend the temporary reduction in the standard rate of VAT from 23% to 21% beyond the 28th of February.
Future tax changes are generally taken in the context of the Budget. Deputies will be aware that my officials prepare a series of papers containing tax options for the Tax Strategy Group to be considered in the context of the budgetary process, alongside a wide range of submissions from various stakeholders and lobby groups.