Oireachtas Joint and Select Committees

Wednesday, 25 May 2022

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Withdrawal from Irish Banking Market (Resumed): Engagement with Financial Services Union and Electric Ireland

Ms Marguerite Sayers:

Our application is that the overall credit that the customer receives is €200, having taken the change in VAT into account. That would mean it is the lower figure or the €200 gross; customers do not get the double benefit of a VAT change as well. The figure is €192.

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