Michael Noonan
Question:82 Mr. Noonan (Limerick East) asked the Minister for Finance the estimated yield to the Exchequer in 1990 in respect of VAT at the point of entry.
Written Answers. - VAT at Point of Entry.
If VAT at the point of entry had been abolished on 1 January 1990 the estimated once-off cash flow cost to the Exchequer would have been £250 million.