Tuesday, 14 February 2017
Department of Transport, Tourism and Sport
643. To ask the Minister for Transport, Tourism and Sport if he will confirm his commitment during his speech at the National Tourism Awards on 3 February 2017 to reduce the 9% VAT rate; and if he will make a statement on the matter. [7223/17]
Taxation and fiscal policy are the responsiblity of my colleague, the Minister for Finance, and decisions on tax rates are a matter for him.
The 9% VAT rate, taken together with other favourable factors, have had positive impacts on the tourism and hospitality sector. The 9% VAT rate enhances the competitivenss of the tourism and hospitality sector in Ireland which in turn facilitates (i) the creation of employment, (ii) savings for the Exchequer in Social Welfare costs and (iii) Exchequer gains in additional income tax.