Fianna Fáil TD Eamon Scanlon has welcomed news that the Revenue Commissioners have confirmed the imposition of Vat at 23% on food supplements will not now proceed as planned on 1 March 2019.
Deputy Scanlon commented “Common sense has prevailed as the Minister has decided to examine the policy surrounding taxation on food supplements.
“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 is already high, a 23% tax increase on food supplements could push them out of reach for many families. My constituents should not be punished for trying to lead healthier lives.
“There was also fear from health food shop owners in the North West. This 23% VAT increase would have a detrimental effect on the health of their businesses.
“This is only a temporary respite for business owners and those who take health food supplements. We must await the recommendations of the Tax Strategy Group in the summer and the strategy group has to consider those in the industry and people across my constituency who take supplements,” concluded Deputy Scanlon.