Written answers
Wednesday, 22 April 2009
Department of Finance
Tax Code
10:00 pm
Fergus O'Dowd (Louth, Fine Gael)
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Question 172: To ask the Minister for Finance his views on the representations from an organisation (details supplied). [15092/09]
Brian Lenihan Jnr (Dublin West, Fianna Fail)
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I am conscious of the decline in the motor industry in Ireland and internationally due to the contraction in economic activity. I, and my officials, have had meetings with representatives of the motor industry at which the issues referred to in the correspondence were raised. These matters were considered in the context of the recent Supplementary Budget and it was decided to introduce a VAT Margin Scheme for second-hand cars as outlined in Page B.8 of the Summary of Supplementary Budget Measures – Policy Changes.
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