Michael McGrath (Cork South Central, Fianna Fail)
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Question 300: To ask the Minister for Defence 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. [38460/11]

Alan Shatter (Dublin South, Fine Gael)
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The estimated cost to my Department of a 2% increase in the standard rate of VAT for 2012 is in the order of €2m.