Tax Collection

Dáil Éireann Debate, Thursday - 17 February 2022

Thursday, 17 February 2022

Ceisteanna (192)

Catherine Murphy

Ceist:

192. Deputy Catherine Murphy asked the Minister for Finance the amount collected by the Revenue Commissioners from the 9% VAT band since the rate was reintroduced to date in 2022; and the amount forgone since the 9% rate was reintroduced to date in 2022. [8881/22]

Freagraí scríofa

Minister for Finance

I am advised by Revenue that an estimated €820m in VAT was collected at the 9% rate during the period from 1 November 2020 to end December 2021 (the most recent available data). An estimated additional €410m would have been collected had the rate remained at 13.5% over the period.