Maureen O'Sullivan (Dublin Central, Independent)
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114. 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%; and if he will make a statement on the matter. [19653/18]

Maureen O'Sullivan (Dublin Central, Independent)
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115. 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, that is, the price of rooms only, excluding the restaurant and pub trade. [19654/18]

Paschal Donohoe (Dublin Central, Fine Gael)
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I propose to take Questions Nos. 114 and 115 together.

I am informed by The Revenue Commissioners that the Ready Reckoner, available at (page 26), shows the impact of increases in VAT rates, including the 9% rate.

As shown in the Ready Reckoner, the yield from the restoration of the VAT rate from 9% to 13.5% across all goods and services is likely to be in the region of €520m for 2018. A tentative estimate of the yield from the restoration of the VAT rate from 9% to 13.5% specific to the accommodation sector is likely to be in the region of €220m for 2018. Both estimates assume no resulting change in consumer behavior.