Minister for Finance Michael Noonan pictured at the Department of Finance yesterday. Pic Steve Humphreys 10th April 2013.
John Drennan
Tensions are likely to rise between Labour and the Finance Minister Michael Noonan over his refusal to consider ending VAT of 23 per cent on those who use the Government’s new insolvency service.
In particular, a concern is growing within Labour over the double standards being applied to the collection of VAT in Irish and UK personal insolvency plans.
Under Alan Shatter’s current legislation those availing of the embattled minister’s insolvency regime will have to pay 23 per cent VAT on top of fees charged by the Personal Insolvency Practitioner.
Given that …
Read the full article at: https://www.independent.ie/irish-news/noonan-refuses-to-abolish-vat-on-personal-insolvency-service/29330922.html