Written answers

Tuesday, 20 June 2017

Department of Finance

VAT Rate Increases

Photo of Maureen O'SullivanMaureen O'Sullivan (Dublin Central, Independent)
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264. To ask the Minister for Finance the expected revenue that would be generated from the restoration of the VAT rate for the hospitality sector from 9% to 13.5%. [27419/17]

Photo of Maureen O'SullivanMaureen O'Sullivan (Dublin Central, Independent)
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265. To ask the Minister for Finance the expected revenue that would be generated from the restoration of the VAT rate from 9% to 13.5% to the hotel industry (details supplied). [27420/17]

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
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I propose to take Questions Nos. 264 and 265 together.

I am informed by Revenue that it is tentatively estimated that the revenue generated from the restoration of the VAT rate from 9% to 13.5% is likely to be in the region of €490m for the hospitality sector as a whole and €190m specific to the accommodation sector, in both cases assuming no change in consumer behaviour.

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