Wednesday, 24 November 2021
Ceisteanna ó Cheannairí - Leaders' Questions
Micheál Martin (Taoiseach, Department of An Taoiseach; Cork South Central, Fianna Fail)
Under EU rules, our reduced VAT rate of 13.5% on energy prices cannot be reduced below 12%. If we were to attempt to reduce the rate to 9%, for example, for a few months, the VAT would revert to the standard rate of 23% because we would be opting out of the derogation we currently have. Again, the Deputy needs to put forward proposals that are credible and that can actually be delivered.