Theresa Ahearn
Ceist:67 Mrs. T. Ahearn asked the Minister for Finance if he will outline his intentions in relation to VAT rates applicable to the hotel industry; and if he will make a statement on the matter.
Written Answers. - Hotel Industry VAT Rates.
As the Deputy will be aware, it is not the normal practice for me to comment on such matters in advance of the Budget Statement. Hotel accommodation is subject to the reduced VAT rate, ie 10 per cent at present. If the Deputy is referring to the post 1992 situation, I would stress that no firm decisions have yet been taken on the classification of goods and services at the different VAT rates. Final positions on specific activities will not be taken until the overall picture on the total 1992 package and, of course, the budgetary implications for individual member states, becomes clear.