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Tax Code

Dáil Éireann Debate, Thursday - 1 February 2024

Thursday, 1 February 2024

Questions (218)

Pearse Doherty

Question:

218. Deputy Pearse Doherty asked the Minister for Finance the estimated cost of reducing the rate of VAT applying to the hospitality and tourism sectors from 13.5 to 9% to end-2024 and in full-year terms, respectively. [4835/24]

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Written answers

Revenue have indicated that the estimated cost of reducing the VAT rate from 13.5% to 9% for the tourism and hospitality sectors will be in the region of €653m from March to December 2024 and €764m in full-year terms from January to December 2024.

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