TITLE

NEW VAT RATE SLAMMED

PUB. DATE
October 2008
SOURCE
Checkout;Oct2008, Vol. 34 Issue 10, p6
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the comments of Retail Ireland on the decision of the Irish Government to increase the value-added tax (VAT) rate. The company's Director Torlach Denihan claims that VAT increase would make consumers crossing the border to Northern Ireland to shop and would serve to dampen consumer confidence. In addition, he explains that the it is not the time to increase VAT when consumer confidence is low and retail sales have fallen sharply since 1980.
ACCESSION #
35009238

 

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