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Dublin: 10 °C Sunday 26 May, 2013

VAT

# vat - Today’s News

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# vat - Saturday 11 May, 2013

VAT rules mean Republic can’t match North’s prices for nicotine patches

Michael Noonan says the EU’s laws on VAT mean Ireland can’t offer a discounted rate of VAT to match Northern prices.

# vat - Thursday 2 May, 2013

From Business ETC Tax Takes

Three of the ‘big four’ tax heads fell short of expectations in April

A total of €21 million in local property tax was collected during April.

# vat - Tuesday 23 April, 2013

Why tax-free shopping on the internet could be facing end in US

The bill, which was being debated in the US Senate yesterday, could lead to the recouping of $11 billion in lost annual sales taxes.

# vat - Tuesday 9 April, 2013

From Business ETC VAT

Ireland wins at EU’s top court over legality of its VAT laws

The European Court of Justice rejects a challenge from the European Commission over the structure of Irish VAT laws.

# vat - Wednesday 3 April, 2013

From Business ETC Exchequer Returns

Deficit stands at €3.7 billion in latest exchequer returns

Tax revenue was ahead of target by €47 million with corporation tax surpassing its target by €147 million.

# vat - Friday 8 March, 2013

Leo Varadkar: Property tax is easy to pay and hard to evade

The Minister for Transport said that people struggling to pay their bills do not automatically become exempt from income tax and the same principle should apply to the forthcoming property tax.

# vat - Monday 4 March, 2013

Exchequer returns show slight fall in tax take for February

The total tax take in February 2013 was €2.042 billion – down by €186 million on the same month from last year.

# vat - Saturday 2 March, 2013

The 9 at 9: Saturday

Good morning! Here are the nine things you need to know as you begin your day.

Mobile operators fail to implement directive on VAT charges for charity texts

Two years ago Revenue announced text donations would no longer be liable for VAT but charities are still not receiving this money.

# vat - Monday 4 February, 2013

From Business ETC Exchequer Returns

Exchequer figures show slight fall in government income in January

A €1 billion sale of Bank of Ireland notes means Ireland recorded an Exchequer surplus for January 2013.

# vat - Saturday 26 January, 2013

Government says it can’t remove VAT on defibrillators

“Taxing defibrillators is like putting a tax on saving lives”: the 23 per cent VAT rate which Government says can’t be lifted because of an EU directive.

# vat - Tuesday 4 December, 2012

Exchequer returns: Government’s tax take 0.5 per cent below target

The Department of Finance has released the last exchequer returns before tomorrow’s Budget with income tax take for November 12 per cent below target.

# vat - Saturday 1 December, 2012

From Business ETC Budget 2013

Government income for 2012 to fall short of Budget target

The first documents for Budget 2013 show the government expecting a 4.5 per cent increase in income tax in 2013.

# vat - Wednesday 28 November, 2012

From Business ETC VAT

Ireland given pre-Budget boost with ECJ opinion on VAT laws

The European Court of Justice says Brussels shouldn’t be able to force Ireland to change its VAT laws.

# vat - Monday 19 November, 2012

From Business ETC VAT

Ireland to find out whether Brussels can force change in VAT laws

EU VAT laws allow several people to be treated as one – but Brussels says Ireland shouldn’t include non-taxable people in those groups.

# vat - Friday 2 November, 2012

From Business ETC Exchequer Returns

Exchequer returns show €2.9 billion deficit due, in part, to payment to the ESM

Spending at the Department of Social Protection was more than expected, whereas the Department of Jobs, Enterprise and Innovation continues to underspend.

# vat - Saturday 6 October, 2012

Joe Higgins denies advance knowledge of Mick Wallace’s tax problems

In an interview with Marian Finucane the Wexford TD also admitted “I hired a hitman”.

From The Daily Edge This post contains images

Mick Wallace says f*** on the radio, suggests affair with Marian Finucane*

*Well, he says somebody ELSE suggested it. Here’s the best of the reaction tweets.

# vat - Tuesday 2 October, 2012

From Business ETC Exchequer Returns

Exchequer returns show tax take up but deficit at over €11bn

Spending at the Departments of Health and Social Protection were more than expected, according to the latest figures from the Department of Finance.

# vat - Friday 14 September, 2012

From Business ETC Defaulters

Revenue yields €114.62 million in settlements

The Revenue Commissioner has published the latest list of tax defaulters.

# vat - Tuesday 11 September, 2012

Mick Wallace: I’m keeping my €41,152 Leader’s Allowance for research

The Wexford TD said that he would be at a disadvantage compared to all of the other TDs in the Dáil if he did not accept the allowance.

# vat - Friday 17 August, 2012

The 5 at 5: Friday

5 minutes, 5 stories, 5 o’clock.

# vat - Wednesday 11 July, 2012

Committee cannot investigate Wallace until he provides more information

The Dáil’s Committee on Members’ Interests has said that the independent TD has not provided sufficient information for it to establish whether or not it can investigate his tax affairs.

# vat - Wednesday 27 June, 2012

Committee to seek further answers from Wallace over tax affairs

The independent TD is being investigated by the Members Interests Committee after revelations about his company’s under-declaration of VAT.

# vat - Thursday 14 June, 2012

Mick Wallace given permission to make Dáil statement at 5.45pm

Government chief whip Paul Kehoe has confirmed the TD has been allocated time to speak about his tax affairs.

# vat - Friday 8 June, 2012

Column: While you’re at the Euros, Mick, remember the fate of Paul Begley

Mick Wallace’s predicament may be understandable – but laws must apply to everyone, writes Peter Faulkner.

Your Say This post contains a poll

Poll: Should Mick Wallace resign?

Independent TD Mick Wallace has come under fire after admitting that his construction company under-declared its VAT by around €1.4 million. Do you think he should resign over the matter?

# vat - Thursday 7 June, 2012

Wallace: ‘Unlikely’ €2.1 million Revenue settlement will be paid

The TD’s company settled with the Revenue over undeclared VAT. This morning, he acknowledged what he did was wrong and said he was “far from proud” about the situation.

# vat - Tuesday 5 June, 2012

From Business ETC Exchequer

Tax revenues ahead of target in first five months of 2012

The Department of Finance said that the increases marked “an encouraging performance” in the first five months of the year.

# vat - Monday 21 May, 2012

Man jailed for five years over VAT fraud

Derek Floyd claimed €680,000 in repayments which he was not eligible for.

# vat - Wednesday 9 May, 2012

VAT rate to remain 9 per cent for tourism industry in 2013, says Varadkar

Varadkar said the temporary 9 per cent VAT rate was working well and would remain for services such as restaurant meals and hotel accommodation until the end of 2013.

# vat - Thursday 12 April, 2012

Not Paying This post contains a poll

‘I won’t pay for bankers’ risk-taking’: Man says he’ll stop paying tax

Patrick McGreal says he will not pay his taxes anymore as the money is being used for bankers, bondholders and services which he believes are substandard. What do you think?

# vat - Tuesday 3 April, 2012

From Business ETC Exchequer

So far…2012 tax take ahead of target

Tax revenues of €8.72 billion are over 10 per cent ahead of end-March profiles with increases in income, corporation and VAT intakes.

# vat - Tuesday 20 March, 2012

Noonan rules out cuts to fuel taxes despite record prices

As the price of a litre of petrol passes €1.62, the Minister for Finance says tax cuts could mean “significant costs” to the State.

# vat - Friday 2 March, 2012

From Business ETC Exchequer Statement

Exchequer figures show deficit and tax revenue rise

The deficit rose slightly in the first two months of this year when compared to figures for the same period in 2011.

# vat - Wednesday 8 February, 2012

Finance Bill 2012 published – here are the main points

Mortgage interest relief extended for first-time buyers and the threshold to qualify for the Universal Social Charge is doubled.

# vat - Tuesday 17 January, 2012

From Business ETC Fuel

Major surge in volume of illegal motor fuel seized by Revenue

Dozens of filling stations were shut down by the Revenue last year for unlicensed trading, while illegal fuel seizures increased six-fold over four years.

# vat - Saturday 7 January, 2012

From Business ETC Overcharging

Eircom admits to overcharging 65,000 customers on December bills

Telephone and broadband customers will receive a full refund as the provider charged at the new rate of VAT prematurely.

# vat - Wednesday 4 January, 2012

From Business ETC Exchequer

Government’s 2011 tax income misses Budget target by 2.5 per cent

New data published by the Department of Finance show that income tax, VAT and corporation tax were all lower than expected.

# vat - Saturday 24 December, 2011

From Business ETC Retail

Government expects VAT hike to hit sales by 1.8 per cent

Estimates for tax income in 2012 indicate that the government doesn’t expect the VAT hike to have a major impact on shoppers.

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