Irish Daily Mirror

Firms call for Leo to delay tax scheme

- BY AILBHE DALY

Leo Varadkar BUSINESS leaders have sent a signed letter to Leo Varadkar raising concerns about import VAT.

The Irish Exporters Associatio­n published the joint industry memo last week.

The letter called on the State to put in place a deferral of accounting by three months.

It said: “Although such a scheme is necessary even in an agreed Brexit scenario, the urgency is heightened by the growing threat in the event of a no-deal Brexit.

“We believe introducin­g a deferral would significan­tly ease cash flow pressures facing Irish firms.”

The IEA wrote the letter in associatio­n with IBEC, ISME, Chambers Ireland and the Irish Tax Institute.

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