The proposal by the Government to increase the Vat rate by 2% to 23 % for legal services is nothing short of scandalous.
Legal services are used by ordinary people, making their wills, buying and selling houses. Unfortunately, legal sevices are classified as "Luxury" services.
It is my view that that private individuals, using legal services should not pay VAT at the top rate. I can see the logic in charging large corporations VAT on their legal bills, as they can claim it back.
However, for the ordinary person, it is yet another tax.
1% of all VAT collected in Ireland goes to the EU. Is it not possible to structure the system so that large corporations would pay directly to the bailout fund?
Irish people have been hit hard enough - the pension levy, reduction in child benefit, USC charge, the list goes on.
It was clearly seen in the UK that to increase the VAT rate slowed consumer spending. will that be the overall effect of increasing it here? I hope not.
Sunday, 20 November 2011 16:24
Increase in Vat Rate indefensible
Read 228 times
Published in
Blog
Leave a comment
Make sure you enter the (*) required information where indicated.
Basic HTML code is allowed.
