asked the Minister for Finance the current amount of VAT paid on a new 1500 cc car; and the corresponding amounts paid to the Exchequer in each of the other EEC member states.
Ceisteanna—Questions. Oral Answers. - Car V A T Payments.
18.
As the answer is in the form of a tabular statement I propose, with the permission of the Ceann Comhairle, to circulate it with the Official Report. The statement gives the particulars sought in relation to this country together with such information as is readily available in relation to VAT on cars in other member states in the EEC and is as follows:
|
State |
VAT rates applied |
|
Ireland |
The V A T regime is a 2-tier one, that is 25 per cent at manufacturing or import level and 10 per cent thereafter. In the case of a typical 1500 cc car retailing at £3,500, the total VAT arising is estimated by the Revenue Commissioners at some £840. It is there-fore equivalent to what would be produced by an ordinary—single—VAT rate of 32 per cent at all stages. |
|
Belgium |
25% |
|
Denmark |
20¼% |
|
France |
33?% |
|
Germany |
12% |
|
Italy |
18% |
|
Luxembourg |
10% |
|
Netherlands |
18% |
|
United Kingdom |
8% |