Oral Answers to Questions — Finance – in the Northern Ireland Assembly at 2:30 pm on 2 July 2024.
Deborah Erskine
DUP
2:30,
2 July 2024
T8. Mrs Erskine asked the Minister of Finance to give her assessment of the VAT consultation by the Treasury, which, she may be aware, is under way. (AQT 478/22-27)
Caoimhe Archibald
Sinn Féin
Obviously, VAT is a reserved matter. My officials engage regularly with their counterparts in Treasury. We have made the case on many occasions, and will continue to make the case, that, for example, we should have the ability to reduce VAT for hospitality and tourism. We are in the particular circumstance of having competition from the South, where businesses are at an advantage.
Deborah Erskine
DUP
I thank the Minister for her answer. I am pleased to hear that there is ongoing engagement. I have a particular concern about the taxi industry. In 2014, there were 16,000 taxi licences in operation, but that number was down to 7,500 at the beginning of this year. The taxi industry is worried about VAT changes and what those will mean for the industry, because they could result in operators going out of business or drivers not entering the industry.
John Blair
Alliance
Is there a question?
Deborah Erskine
DUP
Yes. Will the Minister commit to listening to the industry and having input into the Treasury's VAT consultation on that issue?
Caoimhe Archibald
Sinn Féin
I encourage the Member to write to me on that issue. I will then share that with officials so that we can take a look at it and include it in the ongoing consultation that they have with their counterparts.
Ministers make up the Government and almost all are members of the House of Lords or the House of Commons. There are three main types of Minister. Departmental Ministers are in charge of Government Departments. The Government is divided into different Departments which have responsibilities for different areas. For example the Treasury is in charge of Government spending. Departmental Ministers in the Cabinet are generally called 'Secretary of State' but some have special titles such as Chancellor of the Exchequer. Ministers of State and Junior Ministers assist the ministers in charge of the department. They normally have responsibility for a particular area within the department and are sometimes given a title that reflects this - for example Minister of Transport.