VAT Registration Limits

Summary

Murphy asked whether inflation warrants raising VAT registration limits; O’Kennedy said the limits were increased in March 1979 and do not yet need further adjustment.

Michael Pat Murphy Mr. M. Murphy Labour Party

asked the Minister for Finance whether, in view of the current inflationary trend, he will amend the registration limits under the Value-Added Tax (Amendment) Act, 1978.

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Michael O'Kennedy Mr. O'Kennedy Fianna Fáil

: The last increase in the VAT registration limits came into effect on 1 March 1979 and I do not think there is any need yet for a further increase.

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