Dáil Éireann Debate, Tuesday - 14 February 2017
643. Deputy Robert Troy asked the Minister for Transport, Tourism and Sport if he will confirm his commitment during his speech at the National Tourism Awards on 3 February 2017 to reduce the 9% VAT rate; and if he will make a statement on the matter. [7223/17]
Amharc ar fhreagraTaxation and fiscal policy are the responsibility of my colleague, the Minister for Finance, and decisions on tax rates are a matter for him.
The 9% VAT rate, taken together with other favourable factors, have had positive impacts on the tourism and hospitality sector. The 9% VAT rate enhances the competitiveness of the tourism and hospitality sector in Ireland which in turn facilitates (i) the creation of employment, (ii) savings for the Exchequer in Social Welfare costs and (iii) Exchequer gains in additional income tax.
