Paschal Donohoe (Dublin Central, Fine Gael)
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I am advised by Revenue that the company in question recently applied to register for employer’s PAYE/PRSI and Value Added Tax (VAT). The company was immediately registered as an employer but the VAT application was selected for a routine pre-registration inspection in line with Revenue’s risk management protocols for VAT registration.

The company did not demonstrate sufficient capacity to start trading during the pre-registration visit and the VAT registration application was not processed on the basis that there was no taxable activity taking place. Revenue confirmed the position to the company on 3 July 2018 but also advised that the application could be re-submitted once the company is in a position to demonstrate sufficient capacity to start trading.