Pearse Doherty (Donegal, Sinn Fein)
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202. To ask the Minister for Finance the estimated extra fiscal space available in 2018 if the 9% VAT rate for the tourism sector was returned to 13.5%. [21233/18]

Pearse Doherty (Donegal, Sinn Fein)
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203. To ask the Minister for Finance the estimated extra fiscal space in 2018 if the 9% VAT rate for the hotel sector and not other tourism products was replaced with a 13.5% rate. [21234/18]

Paschal Donohoe (Dublin Central, Fine Gael)
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I propose to take Questions Nos. 203 and 202 together.

I am informed by Revenue that the Ready Reckoner, available at www.revenue.ie/en/corporate/documents/statistics/ready-reckoner.pdf(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. The yield from the restoration of the VAT rate from 9% to 13.5% specific to the accommodation sector is tentatively estimated to be in the region of €220m for 2018. Both estimates assume no resulting change in consumer behaviour.