Dáil Éireann Debate, Tuesday - 23 June 2020
60. Deputy Danny Healy-Rae asked the Minister for Finance if the VAT rate will be reduced to at least 5% in order to ensure that businesses will have a chance of surviving the 2020 summer season during the Covid-19 pandemic; and if he will make a statement on the matter. [12042/20]
Amharc ar fhreagraThe Government is fully aware of the unprecedented impact that the coronavirus is having on business and people’s livelihoods. In this regard a range of measures have been introduced to provide income support to those who need it while also giving confidence to employers to retain the link with employees so that when this crisis passes our people can get back to work as quickly and seamlessly as possible.
In addition to current support measures, my officials are examining a range of possible measures to ensure that the economy is in a position to recover rapidly while maintaining a stable tax base.
