Michael McGrath (Cork South Central, Fianna Fail)
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Question 481: To ask the Minister for Transport, Tourism and Sport 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. [38471/11]

Leo Varadkar (Dublin West, Fine Gael)
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The estimated cost to the Department of Transport, Tourism and Sport of a 2% increase in the standard rate of VAT is €217,000 approximately, based on the Department's expenditure for 2010.