Written answers
Tuesday, 16 June 2020
Department of Finance
Value Added Tax
Éamon Ó Cuív (Galway West, Fianna Fail)
Link to this: Individually | In context | Oireachtas source
100. To ask the Minister for Finance if he will reintroduce a lower VAT rate for the foreseeable future for the tourism industry in order to stimulate the industry which has been hit severely by the Covid-19 pandemic; and if he will make a statement on the matter. [11243/20]
Paschal Donohoe (Dublin Central, Fine Gael)
Link to this: Individually | In context | Oireachtas source
The Government is fully aware of the unprecedented impact that the coronavirus is having on business and people’s livelihoods. In this regard a range of measures have been introduced to provide income support to those who need it while also giving confidence to employers to retain the link with employees so that when this crisis passes our people can get back to work as quickly and seamlessly as possible.
In addition to current support measures, my officials are examining a range of possible measures to ensure that the economy is in a position to recover rapidly while maintaining a stable tax base.
No comments