Oireachtas Joint and Select Committees
Thursday, 8 December 2022
Public Accounts Committee
Vote 9 - Office of the Revenue Commissioners
2021 Report of the Office of the Revenue Commissioners
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 15 - Collection of VAT on e-Commerce
Chapter 16 - Revenue's Suspension of Periodic Reviews of Tax Clearance Certificates
Chapter 17 - Overstatement of Certain Unallocated Tax Deposits
9:30 am
Mr. Niall Cody:
This is 2022.
In 2021, there were 65,000. Up to two weeks ago this year, there had been 34,000. If it gets to 40,000 this year, that will be the outside of it. That is a drop from 120,000 pre Brexit. That is the consequence of the UK leaving the Single Market. It has fundamentally changed the model for a number of second-hand car dealers.
I have spoken here in recent years of the consequences of Brexit. Brexit's impact on what was nearly a single market within a single market, as well as on post, customs and e-commerce, is fundamental. I heard this morning on the radio that IBEC had a report on the divergence of the economies of the UK and Ireland. As regulatory changes happen, it will become more so. It is fundamental change.