asked the Minister for Finance if he will list all commodities and services the prices of which will increase by 6d in the pound sterling as a result of the present budget.
Written Answers. - Price Increases.
170.
It is not possible to give a list of the commodities and services affected by the increase in the rate of turnover tax.
Turnover tax is charged on receipts from the sale of goods or the provision of services unless the sale of the particular commodity or the supply of the particular service has been specifically exempted from liability by law or by exemption order. The main exemptions from liability are for sales of certain materials, plant and equipment used in agriculture and in commercial fishing; and of certain materials and equipment used mainly in building, and in rail transport; services of a professional and educational nature; services provided for agricultural, industrial or commercial purposes; services provided by the State, by local authorities, or by hospitals and similar establishments; funeral undertaking; and advertising.
The exemptions are given in greater detail in the guides to the turnover tax and wholesale tax issued by the Revenue Commissioners, and they will be included in a revised guide to these taxes which will be available soon.