Dáil debates

Thursday, 22 November 2018

Finance Bill 2018: Report Stage (Resumed)

 

2:35 pm

Photo of Michael D'ArcyMichael D'Arcy (Wexford, Fine Gael) | Oireachtas source

Therefore, the standard rate of VAT applies. The concession in relation to vitamins and the like is proving unworkable as the industry seeks to use the concession to achieve a zero rating for much of the product range in the sector.

I accept there is confusion. What the Minister conceded on Committee Stage was that the tax strategy group, when it reports, will bring clarity to the entire food supplement sector. With more information available to us, we may then be able to deal with the matter more fully in budget 2019.

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