Paul Kehoe (Wexford, Fine Gael)
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57. To ask the Minister for Finance to confirm regulations (details supplied); and if he will make a statement on the matter. [8124/24]

Michael McGrath (Cork South Central, Fianna Fail)
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I can confirm that it is possible to change a VAT rate between Budgets and that such changes have been made in the past. A Financial Resolution is required to make such a change. In line with Section 4g of the Provisional Collection of Taxes Act, 1927, such a Financial Resolution will only have effect for four months. As such, primary legislation would be required before the expiration of the four months for the VAT rate change to continue to have effect.