I propose to take Questions Nos. 318 and 320 together.
The Deputies should be aware, it is long-established practice that the Minister for Finance does not comment on matters that may be subject to Budget decisions.
I am advised by Revenue that traders are not required to identify the VAT yield generated from the supply of specific goods and services on their VAT returns. Therefore, it is not possible to provide a costing for the measures outlined above using information provided on tax returns alone.
Changes to VAT rates may be estimated using Revenue’s Ready Reckoner. The Ready Reckoner is available on the Revenue website at:
https://www.revenue.ie/en/corporate/information-about-revenue/statistics/ready-reckoner/index.aspx. An update of the Ready Reckoner is due to issue in the coming weeks.