Tax Data

Dáil Éireann Debate, Wednesday - 13 July 2022

Wednesday, 13 July 2022

Questions (156)

Ged Nash

Question:

156. Deputy Ged Nash asked the Minister for Finance the estimated cost to the Exchequer from decreasing the headline rate of VAT by 1% for 12 months; and if he will make a statement on the matter. [38661/22]

Written answers

Minister for Finance

The Deputy should note that Revenue have advised me that the estimated cost of decreasing the standard rate of VAT by 1% for 12 months is €542 million.