85. Deputy Michael Lowry asked the Minister for Finance to consider revising the VAT regulations for small bus operators, particularly those involved in school transport, to allow them to reclaim VAT on the purchase of new buses, noting that the current VAT rate of 23% with no reclaim option places a significant financial burden on these operators, especially given the lack of a second-hand market and the impact of Brexit on import options; and if he will make a statement on the matter. [41878/24]

Summary

85. Deputy Michael Lowry asked the Minister for Finance to consider revising the VAT regulations for small bus operators, particularly those involved in school transport, to allow them to reclaim VAT on the purchase of new buses, noting that the current VAT rate of 23% with no reclaim option places a significant financial burden on these operators, especially given the lack of a second-hand market and the impact of Brexit on import options; and if he will make a statement on the matter. [41878/24]

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 16 October 2024

   Tax Code

   85. Deputy Michael Lowry asked the Minister for Finance to consider revising the VAT regulations for small bus operators, particularly those involved in school transport, to allow them to reclaim VAT on the purchase of new buses, noting that the current VAT rate of 23% with no reclaim option places a significant financial burden on these operators, especially given the lack of a second-hand market and the impact of Brexit on import options; and if he will make a statement on the matter. [41878/24]

   Source: written

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Tax Code

  xml · EN · 16 October 2024

  ViewDownloadOpen at official source

Sponsors

• Lowry, Michael. · Asking member
• Finance · Finance · Addressed to

Related records

No cross-record relationships stored yet.