Finian McGrath
Ceist:60. Deputy Finian McGrath asked the Minister for Finance if he will support the retention of the 9% VAT rate in the restaurant sector in order to save jobs. [42913/13]
Amharc ar fhreagraThursday, 10 October 2013
Ceisteanna (60)
Freagraí scríofa
The 9% reduced VAT rate for tourism related services was introduced in July 2011 as part of the Government Jobs Initiative. The measure was designed to boost tourism and create additional jobs in that sector. In line with best international practice it was introduced as a temporary measure and is due to expire at end December 2013, at which point it will revert to 13.5%. Retaining the 9% rate would be very costly to the Exchequer and would require an increase in taxation or reduction in expenditure elsewhere. Any proposal to maintain the 9% VAT rate will be considered in the context of the Budget.
Question No. 61 answered with Question No. 51.