Seanad debates

Thursday, 13 March 2008

Finance Bill 2008 (Certified Money Bill): Committee Stage (Resumed) and Remaining Stages

 

The Minister will say this issue cannot be addressed because of EU rules. I have heard this excuse before on a number of occasions. I ask the Minister to convey my concerns to the Minister for Finance who has been innovative in using mechanisms in the past in order to facilitate certain tax schemes and grants. It is a big "if" but if this regulation cannot be changed because of EU law, I ask him to consider some form of mechanism to allow some grant or tax rebate to organisations in order to counteract this VAT rate of 21% being charged on these devices. This would be a welcome move and a practical solution. We are talking about saving lives and especially the lives of young people. I hope for the Minister's support.

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