Written answers

Tuesday, 15 June 2021

Photo of Colm BurkeColm Burke (Cork North Central, Fine Gael)
Link to this: Individually | In context | Oireachtas source

337. To ask the Minister for Finance if additional supports will be provided to small traders who rely on imports from outside the EU in view of the decision to apply VAT on items imported from outside the EU valued under €22 from 1 July 2021; and if he will make a statement on the matter. [30763/21]

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
Link to this: Individually | In context | Oireachtas source

As the Deputy will be aware, at present, if your goods have a customs value (including cost, transport, insurance and handling charges) of €22 or less, you will not have to pay VAT . However this limit applies to the whole consignment, not just one item. Any businesses relying on imports from outside the EU would only be affected by the upcoming change in cases where a consignment they received had a monetary value of less than €22. In addition, by charging VAT on all items imported from outside the EU from 1 July small businesses are better placed to compete against online retailers based outside of the EU.

Comments

No comments

Log in or join to post a public comment.