Value Added Tax Consolidation Bill 2010: Report and Final Stages

As there are no amendments we shall proceed to Fifth Stage.

Bill reported without amendment and received for final consideration.
Question proposed: "That the Bill do now pass."

I thank Deputies for their contributions on this consolidation Bill and for their assistance in its speedy passage through the Dáil, including the special committee. As Deputies will be aware, the Bill consolidates almost 40 years of VAT law as part of the ongoing modernisation of tax legislation and will make Irish VAT law more accessible and user friendly to Members of the Oireachtas, business, tax practitioners and students of taxation.

While changes in existing legislation are not allowed in a consolidation Bill, there will be an opportunity in future finance Bills to address any issues of substance that were raised during the passage of the Bill.

The passage of this legislation is welcome on all sides of the House. The consolidation has been overdue for some years, and the fact that it has now been passed through the House in such a timely manner and is going on to the other House will send a clear signal to the effect that the new legislative base will be used by all, particularly by practitioners in many common ways. The fact that it has been passed in the Dáil is a good day's work.

The Labour Party tabled some amendments that were withdrawn. Perhaps they dealt with more semantic issues, but there is consensus within the House on the issue of consolidation. It would be appropriate, from my party's perspective, to pay tribute to the officials who did the groundwork in respect of this legislation.

I am happy to preside over such consensus, and I thank the Members.

Question put and agreed to.