FG putting jobs at risk with 23% VAT hike on food supplements

Labour’s Local Election Candidates in Bray have said they are deeply worried at the local jobs across the county that will be put at risk when a 23% tax hike is applied to food supplements from the 1st March, and the impact it will have on the incomes of those who need to protect their health.

Commenting on the situation, Anne Ferris and Ian McGahon said:

“This tax on vitamins, minerals and food supplements is being sneaked in without any vote in the Dáil or Seanad. We are weeks away from a possible no deal Brexit, and the health food industry imports lots of their products from and through the UK.

“Across Ireland there are 3,200 jobs at risk. These products have had a 0% VAT rate since 1972. Even worse, this tax increase will be paid for by those who can least afford it – our elderly, those who are sick, and those who need supplements.

“It’s unbelievable that Fine Gael would do this to people. It could add hundreds of Euros to what people have to pay for essential supplements throughout the year. The Labour Party has been calling for this to be paused, and we hope the Minister for Finance Paschal Donohue will listen to what those most affected are saying about this.”

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