Written answers
Thursday, 24 April 2008
Department of Finance
Tax Code
5:00 pm
Kieran O'Donnell (Limerick East, Fine Gael)
Link to this: Individually | In context
Question 105: To ask the Tánaiste and Minister for Finance the impact a 1% reduction in the 21% VAT rate would have on annual Exchequer tax receipts. [15914/08]
Kieran O'Donnell (Limerick East, Fine Gael)
Link to this: Individually | In context
Question 106: To ask the Tánaiste and Minister for Finance the impact a 1% reduction in the 13.5% VAT rate would have on annual Exchequer tax receipts. [15915/08]
Brian Cowen (Laois-Offaly, Fianna Fail)
Link to this: Individually | In context
I propose to take Questions Nos. 105 and 106 together.
I am informed by the Revenue Commissioners that the cost in a full year, estimated in terms of expected VAT yield in 2008, of reducing each of the 13.5% and 21% VAT rates by 1 percentage point is €399 million and €484 million respectively.
No comments