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Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Brexit - Recent Developments and Future Negotiations: Discussion (Resumed) (25 May 2017)

Michael McGrath: I am just trying to get a sense of the overall cost involved. In respect of cross-Border trade, we are looking at a figure of about €230 million. For imports from the United Kingdom, we are looking at an extra €90 million, which brings the figure up to €320 million. We are looking at a figure of about €80 million for exports. That adds up to about €400...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Brexit - Recent Developments and Future Negotiations: Discussion (Resumed) (25 May 2017)

Michael McGrath: I appreciate that. The only reason I sought to extrapolate the figure was that it was the first time I had seen an estimate of the cost per movement.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Brexit - Recent Developments and Future Negotiations: Discussion (Resumed) (25 May 2017)

Michael McGrath: If we take that into account, it could be significantly less.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Brexit - Recent Developments and Future Negotiations: Discussion (Resumed) (25 May 2017)

Michael McGrath: If the United Kingdom leaves the customs union in March 2019 and there is no transitional trade deal in place, what will firms be looking at by way of tariffs? Ms Lynch touched on the matter in her presentation.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Brexit - Recent Developments and Future Negotiations: Discussion (Resumed) (25 May 2017)

Michael McGrath: The survey of firms by Chartered Accountants Ireland found a poor level of awareness of the requirements firms would face in the event of the United Kingdom leaving the customs union. What practical steps does Mr. Keegan think firms need to take to start preparing properly and inform themselves fully of what the obligations are likely to be? How can the State help in that regard?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Brexit - Recent Developments and Future Negotiations: Discussion (Resumed) (25 May 2017)

Michael McGrath: Given the volume of online shopping by Irish customers in the United Kingdom and the level of cross-Border shopping, if the United Kingdom is to be a third country, in the absence of another agreement, what thresholds will apply in day-to-day consumer shopping?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Brexit - Recent Developments and Future Negotiations: Discussion (Resumed) (25 May 2017)

Michael McGrath: To clarify, if I go online and buy something from a third country, what VAT and customs rules and thresholds apply?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Brexit - Recent Developments and Future Negotiations: Discussion (Resumed) (25 May 2017)

Michael McGrath: In the case of cross-Border shopping, the threshold below which VAT and customs charges would not apply at the point of entry would be €300.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Brexit - Recent Developments and Future Negotiations: Discussion (Resumed) (25 May 2017)

Michael McGrath: What arrangements will be in place if somebody has a car boot full of electronics worth a few thousand euro?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Brexit - Recent Developments and Future Negotiations: Discussion (Resumed) (25 May 2017)

Michael McGrath: There is a self-declaration system.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Brexit - Recent Developments and Future Negotiations: Discussion (Resumed) (25 May 2017)

Michael McGrath: How will online activity be policed?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Brexit - Recent Developments and Future Negotiations: Discussion (Resumed) (25 May 2017)

Michael McGrath: In the absence of an agreement, online purchases from the United Kingdom by Irish people, valued at over €22, will typically attract VAT at the standard rate.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Brexit - Recent Developments and Future Negotiations: Discussion (Resumed) (25 May 2017)

Michael McGrath: Purchases valued at over €150 may involve customs duty; goods may or may not be zero rated.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Brexit - Recent Developments and Future Negotiations: Discussion (Resumed) (25 May 2017)

Michael McGrath: The €300 million plus figure excludes trade with the United Kingdom. That figure could multiply.

Written Answers — Department of Finance: World Bank (30 May 2017)

Michael McGrath: 157. To ask the Minister for Finance the representation Ireland has in the governance and management of the World Bank; and if he will make a statement on the matter. [25820/17]

Written Answers — Department of Finance: European Bank for Reconstruction and Development (30 May 2017)

Michael McGrath: 158. To ask the Minister for Finance the representation Ireland has in the governance and management of the European Bank for Reconstruction and Development; and if he will make a statement on the matter. [25821/17]

Written Answers — Department of Health: Disabilities Assessments (30 May 2017)

Michael McGrath: 475. To ask the Minister for Health further to Parliamentary Question No. 1058 of 2 May 2017, if he will arrange for the assessment of need to be outsourced to the private sector in view of the unacceptable delays that currently exist with the HSE service provider arrangement (details supplied) [25744/17]

Written Answers — Department of Communications, Energy and Natural Resources: Renewable Energy Feed in Tariff Scheme (30 May 2017)

Michael McGrath: 566. To ask the Minister for Communications, Energy and Natural Resources his views on whether the fact that the Commission for Energy Regulation, CER, has to deal with all matters relating to electricity impacts on the schedule of renewable energy projects and the ability to have renewable energy projects connected in time to ensure they receive the Renewable Electricity Feed-in Tariff,...

Written Answers — Department of Communications, Energy and Natural Resources: Road Network (30 May 2017)

Michael McGrath: 567. To ask the Minister for Communications, Energy and Natural Resources the status in law of European guidelines on noise pollution with regard to motorway road projects; and if he will make a statement on the matter. [25746/17]

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Brexit - Recent Developments and Future Negotiations: Discussion (Resumed) (30 May 2017)

Michael McGrath: I welcome our three guests and thank them for their opening statements which we received in advance. I will start with Mr. Regan and pick up on the theme on which he focused. He made a very explicit connection between the CCCTB and Brexit, making the point that the European Union was very determined to proceed with the CCCTB proposal. We saw this ourselves in the committee room when the...

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