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Ireland · Question · written

PQ 76

77 Deputy Michael McGrath asked the Minister for Finance the basis of his calculation of a full-year yield of €670 million arising from the 2% increase in the standard rate of VAT; if his calculation takes account of any expected changes in consumer behaviour arising from the increase; the assumed change in the volume of sales as a result of the rate increase; and if he will make a statement on the matter. [40236/11]

askedIreland· Dáil Éireann· EN

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14 December 2011

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14 December 2011

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77 Deputy Michael McGrath asked the Minister for Finance the basis of his calculation of a full-year yield of €670 million arising from the 2% increase in the standard rate of VAT; if his calculation takes account of any expected changes in consumer behaviour arising from the increase; the assumed change in the volume of sales as a result of the rate increase; and if he will make a statement on the matter. [40236/11]

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