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Dáil Éireann debate -
Tuesday, 14 Feb 1989

Vol. 387 No. 1

Written Answers. - VAT Rates and Revenue.

70.

asked the Minister for Finance the VAT rate applying and the VAT revenue earned in the most recent year for which figures are available, in respect of (a) servicing motor vehicles and (b) parts for motor vehicles.

The 10 per cent VAT rate applies to the servicing of motor vehicles and the 25 per cent rate to motor vehicle parts.

From available data it is possible only to furnish a broad estimate of VAT yield from both servicing and parts. For the year 1988, the estimate is £25 million.

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