James McDaid
Ceist:58 Dr. McDaid asked the Minister for Finance if he will consider a case for exemption of the 2.5 per cent VAT refund in the livestock marts centre in view of the problems it is going to cause in this sector. [3699/95]
Vol. 449 No. 4
58 Dr. McDaid asked the Minister for Finance if he will consider a case for exemption of the 2.5 per cent VAT refund in the livestock marts centre in view of the problems it is going to cause in this sector. [3699/95]
69 Mr. Bradford asked the Minister for Finance if his attention has been drawn to the concerns of the co-operative livestock mart sector at the proposed introduction of a declaration system for VAT refunds at livestock marts; if he will review the proposal; and if he will make a statement on the matter. [3939/95]
70 Mr. M. Kitt asked the Minister for Finance if he will accept the request from ICOS that the livestock marts sector be exempted from the new VAT provisions to be introduced on 1 March 1995; and if he will make a statement on the matter. [4004/95]
I propose to answer Questions Nos. 58, 69, and 70 together.
I am informed by the Revenue Commissioners that the proposed declaration system does not represent a completely new requirement, as seems to be implied in the questions, but is in fact a significant simplification of the existing legal requirement. It is designed to maintain necessary controls while facilitating business in this sector.