Written answers

Tuesday, 19 July 2011

10:00 pm

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein)
Link to this: Individually | In context

Question 137: To ask the Minister for Finance if he will provide analysis of the VAT take, split between the two rates of 13.5% and 21%. [21060/11]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
Link to this: Individually | In context

I am informed by the Revenue Commissioners that data is not available in a sufficiently detailed manner to provide a precise breakdown of the yields from the two rates of VAT as requested by the Deputy. However, it is tentatively estimated based on provisional macroeconomic data that in 2010, the standard VAT rate (21%) yielded around €6.5bn while the 13.5% reduced VAT rate yielded around €3.5bn.

Comments

No comments

Log in or join to post a public comment.