Tuesday, 17 December 2019

Questions (123)

Bobby Aylward

Question:

123. Deputy Bobby Aylward asked the Minister for Finance his plans to introduce specific provisions via legislation following receipt of a detailed analysis report by the Office of the Revenue Commissioners in respect of flat rate tax and possible over-compensation in the poultry sector; and if he will make a statement on the matter. [52955/19]

View answer

Written answers (Question to Finance)

The Deputy will be aware that Revenue brought to the attention of my Department that the business models and contractual arrangements in the poultry sector created the conditions for the generation of a systematic excess of flat-rate addition payments to farmers in the sector over their VAT input costs. Provision was made in the Finance Act 2016 for the exclusion from the flat-rate addition scheme by Ministerial Order of any particular agricultural sector where such a systematic excess exists, following receipt of a report from Revenue on the operation of the flat-rate scheme in the sector in question. My Department is currently examining such a report concerning the poultry sector.