Michael McGrath (Cork South Central, Fianna Fail)
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Question 267: To ask the Minister for Justice and Equality the estimated cost to his Department of a 2% increase in the standard rate of VAT; and if he will make a statement on the matter. [38467/11]

Alan Shatter (Dublin South, Fine Gael)
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It is estimated that the full year effect on my Department of 2% increase in the standard rate of VAT will be in the region of €2.4m.