Seanad debates

Friday, 19 December 2008

Finance (No. 2) Bill 2008 (Certified Money Bill): Committee and Remaining Stages

 

5:00 pm

Photo of Pearse DohertyPearse Doherty (Sinn Fein)

I support this recommendation. It is very sensible and causes no real cost to the Exchequer. It is only a delay in bringing in the VAT intake. As I said with reference to my previous recommendation, we will be back here to revisit this problem. Senator Quinn's proposal and others, including my earlier recommendation, will be discussed and brought forward by this Government. This is a problem that will not go away. Imaginative ideas from this side of the House must be taken on board. The reduction in VAT must be brought to the attention of the Minister. The extension to 90 days is only an extension of seven weeks and must be brought to the attention of the Minister. This will form a rescue package when the Government gets its act together.

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