Fianna Fáil TD for Donegal Charlie McConalogue has welcomed news that the Revenue Commissioners have suspended the imposition of Vat at 23% on food supplements.
Deputy McConalogue commented “Common sense has prevailed as the Minister has decided to examine the policy surrounding taxation on food supplements. This will ease the anxieties of many who use these products and were facing significant cost increases.
“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. People should not be punished for trying to lead healthier lives.
“There was also substantial fear from health food shop owners in Donegal regarding this proposed tax. It was clear that this would have a detrimental effect on their business.
“This is only a temporary respite for business owners and those who take health food supplements and we must now await the recommendations of the Tax Strategy Group in the summer. I will continue to follow up with both revenue and the Minister for Finance to seek that the implementation of this tax is permanently halted” concluded Deputy McConalogue.