Oireachtas Joint and Select Committees

Tuesday, 15 November 2016

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Finance Bill 2016: Committee Stage (Resumed)

2:00 pm

Photo of Eoghan MurphyEoghan Murphy (Dublin Bay South, Fine Gael) | Oireachtas source

To be brief on this, in terms of the amendment, the Minister, Deputy Noonan, mentioned in his budget day speech that he had asked his officials to engage with the working group with a view to reviewing the options available to provide compensation to charities as regards the burden of VAT, while being mindful of fiscal constraints. I understand from officials that contact was made with the Irish Charities Tax Reform, ICTR, and a meeting was held last week. A report is expected at the end of the second quarter of 2017 and it will be brought forward, in so far as the tax strategy group process is concerned, in advance of the budget for 2018. On that basis I ask the Deputy to withdraw the amendment.

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