Christopher O'Sullivan (Cork South West, Fianna Fail)
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392. To ask the Minister for Finance if he will consider reducing the VAT rate from 23% to 21% for businesses given that for 13 out of 24 weeks after the reduced rate was introduced in September 2020 more than half of retail businesses were closed and unable to avail of the reduced VAT rate; and if he will make a statement on the matter. [17552/21]

Paschal Donohoe (Dublin Central, Fine Gael)
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The temporary reduction from 23% to 21% in the standard rate of VAT has not been extended beyond the 28th of February.

Deputies will be aware that tax changes are generally taken in the context of the Budget. In this regard my officials prepare a series of papers containing tax options for the Tax Strategy Group to be considered in the context of the Budgetary process, alongside a wide range of submissions from various stakeholders and lobby groups.