Dáil debates

Wednesday, 6 December 2006

Financial Resolution No. 5: Value-Added Tax


9:00 pm

Photo of Michael McDowellMichael McDowell (Minister, Department of Justice, Equality and Law Reform; Tánaiste; Dublin South East, Progressive Democrats)
Link to this: Individually | In context

I move:

(1) THAT the rate of flat-rate addition to the consideration in respect of the supply of agricultural produce or an agricultural service by a flat-rate farmer be increased from 4.8 per cent to 5.2 per cent, and that, accordingly, section 12A (inserted by the Value-Added Tax (Amendment) Act 1978 (No. 34 of 1978)) of the Value-Added Tax Act (No. 22 of 1972) be amended in subsection (1) by substituting "5.2 per cent" for "4.8 per cent" (inserted by the Finance Act 2005 (No. 5 of 2005)).

(2) THAT this Resolution shall have effect as on and from 1 January 2007.

(3) IT is hereby declared that it is expedient in the public interest that this Resolution shall have statutory effect under the provisions of the Provisional Collection of Taxes Act 1927 (No. 7 of 1927).

Financial Resolution No. 5 agreed to.