asked the Minister for Finance the amount of Revenue collected in VAT from the construction industry in each year from 1980 to 1985; and the estimated figure for 1986.
Written Answers. - VAT Returns.
261.
VAT returns are not submitted in a manner which would enable the actual yield from particular trade sectors to be identified.
Based on the latest available statistical data from non-Revenue sources, estimates of VAT yield from buildings and construction work for the years in question are as follows:—
|
£million |
|
|
1980 |
29 |
|
1981 |
37 |
|
1982 |
38 |
|
1983 |
50 |
|
1984 |
56 |
|
1985 |
85 |
|
1986 |
108 |