Dáil Éireann - Volume 355 - 24 January, 1985
Written Answers. - Reduction of VAT.
Mr. O'Kennedy Mr. O'Kennedy
261. Mr. O'Kennedy asked the Minister for Finance the estimated change in revenue in (a) 1985 and (b) a full year, of a 1 per cent, a 3 per cent and a 5 per cent reduction in each rate of VAT.
Minister for Finance (Mr. Dukes) Alan Dukes
Minister for Finance (Mr. Dukes): The estimated full year cost of a 1, 3 or 5 per cent reduction in respect of each existing VAT rate is given below. The cost in 1985 is not given as it would depend on the starting date of any reduction.
Dáil Éireann 355 Written Answers. Reduction of VAT.