Seanad debates

Thursday, 30 July 2020

Financial Provisions (Covid-19) (No. 2) Bill 2020: Committee Stage (Resumed) and Remaining Stages

 

10:30 am

Photo of Paul GavanPaul Gavan (Sinn Fein) | Oireachtas source

I move recommendation No. 11:

11. In page 48, between lines 12 and 13, to insert the following:

“Report on impact of reduction of VAT on motor vehicles and certain fuels

13. The Minister shall, within 5 months of the passing of this Act, prepare and lay before Dáil Éireann a report on the impact of the reduction of VAT from 23 to 21 per cent, provided for under paragraphs (a) and (b) of section 12, on the sale and consumption of motor vehicles, petrol, unmarked diesel, heavy fuel oil and motor fuel.”.

This is a simple amendment that is worth reading into the record. It states: "The Minister shall, within 5 months of the passing of this Act, prepare and lay before Dáil Éireann a report on the impact of the reduction of VAT from 23 to 21 per cent, provided for under paragraphs (a) and (b) of section 12, on the sale and consumption of motor vehicles, petrol, unmarked diesel, heavy fuel oil and motor fuel."To be honest, I am surprised that the Minister of State's partners in government have not already asked for that. It is surprising how quickly the Green Party can apparently drop its environmental concerns in respect of cutting taxes on motor vehicles, petrol, unmarked diesel, heavy fuel oil and motor fuel.To be clear, we are supporting the cut in VAT but think it would be prudent to have a report on its impact on these items. It is a simple request and hopefully one on which we can all agree.

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