Dáil Éireann Debate, Tuesday - 27 June 2023
195. Deputy Brian Leddin asked the Minister for Finance if, in the context of the higher rate of VAT at 23% which is charged to customers who undertake car rental and car sharing journeys for a period of five weeks or more cumulatively in a given full year, he will outline the full-year VAT yield arising from both the 13.5% and 23% VAT rates; and if he will make a statement on the matter. [30609/23]
View answer196. Deputy Brian Leddin asked the Minister for Finance if he will provide details on the projected difference in annual VAT revenue for a scenario whereby a reduced VAT rate of 13.5% would apply to car rental and carsharing journeys that occurred cumulatively instead of consecutively for journeys of five weeks or more per annum; and if he will make a statement on the matter. [30610/23]
View answerI propose to take Questions Nos. 195 and 196 together.
I am informed by Revenue that a breakdown of net tax receipts, including VAT, by economic sector is available on the Revenue website at: revenue.ie/en/corporate/information-about-revenue/statistics/receipts/receipts-sector.aspx
VAT registered persons are associated with a particular economic sector using the NACE classification. However Revenue does not have data to provide a breakdown of the costs associated with the transport and storage sector. It is therefore not possible to provide the details requested by the Deputy.
