Fianna Fáil General Election candidate for Kerry Cllr. Norma Moriarty has called on the Finance Minister to intervene to stop a 23% VAT increase on food supplements. The tax hike is due to be introduced from 1st March.
Cllr. Moriarty said, “Last December my motion calling on Kerry County Council to write to Minister Paschal Donohoe and Revenue to stop the introduction of VAT on food supplements was successfully passed. The 23% tax increase comes into force on the 1st March, despite the fact that a review by the Tax Strategy Group is not due to be published until the summer time.
“I have grave concerns about the impact that such a substantial tax increase will have on individuals, families and businesses. The majority of people take these food supplements in a bid to live healthier lives, and any increase in the cost of them could see people forced to give them up. At a time when the cost of living it already high, a 23% tax increase on food supplements could push them out of reach for many families.
“Not only would that have an impact on individuals and families, it will also affect small food and health stores who are dependent on local business.
“The decision to press ahead with the increase before the publication of the Tax Strategy Group review is flawed and I am calling on the Finance Minister to engage with Revenue to defer the move.
“No change should be made until the impact of the increase can be fully examined by the expert group and Minister Donohoe should be liaising with Revenue on this issue to ensure that the proposed change is halted” concluded Cllr. Moriarty.