Dáil Éireann Debate, Tuesday - 1 October 2013
212. Deputy Róisín Shortall asked the Minister for Finance if his attention has been drawn to the concerns of a company (details suppled) in Dublin 1, which has received an additional and unexpected VAT demand which impacts on the viability of the company; the approach of the Revenue Commissioners in respect of such VAT liability for all companies in this industry. [41049/13]
View answer218. Deputy Finian McGrath asked the Minister for Finance the position regarding a VAT bill in respect of a company (details supplied) in Dublin 1; and if he will make a statement on the matter. [41223/13]
View answerI propose to take Questions Nos. 212 and 218 together.
I am informed by the Revenue Commissioners that a Revenue audit was conducted on the firm in question. The audit identified a number of liabilities, including interest and penalties. These additional liabilities were accepted and agreed, in writing, by the proprietors. The principal component of the additional liabilities arose from the non-operation of VAT on the supplies of goods and services made by the firm. The particular goods and services as supplied by the firm in question are subject to VAT, and this applies to any operator that provide the same goods and service in the industry in question.
