Oireachtas Joint and Select Committees
Thursday, 9 November 2017
Select Committee on Finance, Public Expenditure and Reform, and Taoiseach
Finance Bill 2017: Committee Stage (Resumed)
10:00 am
Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source
I move amendment No. 88:
In page 94, to delete lines 5 and 6 and substitute the following:
"
| At least 5 grams per 100 millilitres but less than 8 grams per 100 millitlitres | €16.26 per hectolitre |
".
These amendments provide for a change to the rate of tax applying to sugar sweetened drinks as set out in Schedule 4 to the Finance Bill. The Schedule currently refers to the intended rate inclusive of VAT, but, in practice, this would then be subject to VAT. Therefore, it is necessary to amend the Schedule to include the rate of tax exclusive of VAT. The amendments will ensure the final rate of the tax amounts to 30 cent per litre for liable drinks with a sugar content of 8 g or more per 100 ml and 20 cent per litre for liable drinks with a sugar content of 5 g or more but less than 8 g per 100 ml after VAT is applied.
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