Dáil debates
Tuesday, 14 October 2008
Financial Resolution No. 8: Excise Duty (Betting Tax)
9:00 pm
Mary Coughlan (Donegal South West, Fianna Fail)
Regarding the increase in VAT, compared to other EU member states, Ireland applies a considerably lower VAT rate to an extensive range of goods and services. I indicated earlier the goods and services on which this will impact. It is a matter for revenue creation. I do not necessarily agree it will reduce consumer confidence or be a reason for people not to purchase certain items and goods. Its impact will not be as large as some Members have suggested. Basic and important items have not been touched by this increase.
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