Dáil Éireann debate -
Tuesday, 19 Feb 1991

Vol. 405 No. 3

Written Answers. - Additional Revenue from Professional Fees.

Tom Enright

Question:

80 Mr. Enright asked the Minister for Finance the estimated additional revenue he will receive from 12.5 per cent tax imposed on veterinary surgeons' professional fees and services in Ireland.

Minister for Finance (Mr. A. Reynolds)

After taking into account deductible input VAT that veterinary surgeons will be able to recover on becoming taxable at 12½ per cent, any gain to the Exchequer from taking this service will be negligible.