New LCV registrations up in April

John Loughran — Wed, 04 May 2011 19:07:07 +0000

New Light Commercial Vehicle (LCV) registrations increased by almost by 40 per cent in April, figures released by the Society of the Irish Motor Industry (SIMI) confirm.

A total of 1,125 LCVs were registered in April, an increase of 39 per cent on the same month last year.

A total of 6,093 LCVs have been registered for the first four months of the year, a four per cent increase on the same period last year.

Call to reduce 13.5% VAT rate

John Loughran — Fri, 13 Nov 2009 06:11:42 +0000

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

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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.

HGV Ireland » Society of the Irish Motor Industry (SIMI)

New LCV registrations up in April

Call to reduce 13.5% VAT rate