55. Deputy Andrew Doyle asked the Minister for Finance the cost and loss to the Exchequer to date as a result of lowering the rate to 9% on tourism related industries; the economic growth has been seen in this sector as a result of the VAT rate being reduced in 2011; if the lowered VAT rate has had the positive impact that his Department had expected; his views on whether there is merit to continuing on the 9% rate for this sector beyond its initial cut-off point in December 2013; and if he will make a statement on the matter. [38921/13]

Summary

55. Deputy Andrew Doyle asked the Minister for Finance the cost and loss to the Exchequer to date as a result of lowering the rate to 9% on tourism related industries; the economic growth has been seen in this sector as a result of the VAT rate being reduced in 2011; if the lowered VAT rate has had the positive impact that his Department had expected; his views on whether there is merit to continuing on the 9% rate for this sector beyond its initial cut-off point in December 2013; and if he will make a statement on the matter. [38921/13]

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• VAT Rates Reductions

  xml · EN · 19 September 2013

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