Oireachtas Joint and Select Committees

Wednesday, 7 September 2022

Committee on Budgetary Oversight

Updated Economic and Fiscal Position in Advance of Budget 2023: Discussion

Ms Hazel Ahern-Flynn:

The EU has white-listed a very expansive list of what VAT green rules are applicable to. We could go into quite a lot of depth. It does not necessarily include the cutting edge in high tech. I referenced bicycles earlier. All it is, in essence, is that we have the room to additionally cut VAT rates per the EU's framework on it. It would be sensible that we take full advantage of that, given the current climate.

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