Dáil Éireann - Volume 295 - 15 December, 1976
Written Answers. - VAT Rates.
Mr. Colley Mr. Colley
60. Mr. Colley asked the Minister for Finance the cost in respect of each rate at which VAT is currently charged of reducing each VAT rate by one percentage point.
Minister for Finance (Mr. R. Ryan) Richie Ryan
Minister for Finance (Mr. R. Ryan): It is estimated that a reduction of one percentage point in the 10 and 20 per cent VAT rates and in the manufacturing/importation tier of the two-tier 35 and 40 per cent rates would cost the Exchequer £23 million in a full year.
Dáil Éireann 295 Written Answers. VAT Rates.