Violet-Anne Wynne
Question:395. Deputy Violet-Anne Wynne asked the Minister for Finance the estimated cost of extending the VAT rate reduction for the tourism and hospitality sectors until 31 August 2023. [43406/22]
View answerDáil Éireann Debate, Thursday - 8 September 2022
395. Deputy Violet-Anne Wynne asked the Minister for Finance the estimated cost of extending the VAT rate reduction for the tourism and hospitality sectors until 31 August 2023. [43406/22]
View answerI am informed by Revenue that a tentative estimate of the cost of extending the 9% VAT rate reduction for the tourism and hospitality sectors from 1 March 2023 until 31 August 2023 would be in the region of €210m. This estimate is liable to change due to the uncertainty surrounding price and demand effects at present.