Tax Code

Dáil Éireann Debate, Thursday - 5 October 2023

Thursday, 5 October 2023

Questions (144)

Marc Ó Cathasaigh

Question:

144. Deputy Marc Ó Cathasaigh asked the Minister for Finance if, with respect to Annex III of the Reduced VAT Rates Directive (details supplied), his Department is considering the potential implications on lowering the VAT rate applied to bicycles, including electric bicycles, and supply of services relating to the transport of passengers; and if he will make a statement on the matter. [42188/23]

Written answers

Minister for Finance

As the Deputy will be aware, it is a longstanding practice that the Minister for Finance does not comment, in advance of the Budget, on any tax matters that might be the subject of Budget decisions.

However the Deputy should note that Ireland already applies an exemption without deductibility to the transport of passengers which in effect results in a zero VAT rate for consumers.