The Society of the Irish Motor Industry (SIMI) has called on the Government to reduce the 13.5% per cent VAT on vehicle repairs and servicing.
SIMI says the current 13.5% VAT rate on repairs and servicing has helped enormously in the fight to win back work from
the black economy. However, the level of activity outside the VAT net is increasing.
The 13.5% rate of VAT on repairs and servicing must be retained, according to the Society.
“In fact we would urge, a reduction in this lower rate of VAT to help protect jobs and government revenue in the service and repair business,” Director General Alan Nolan commented.
