Report

6328: INCREASE IN UNCOLLECTED VAT IN IRELAND

Thursday 27 September 2018
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VAT fraud in Ireland rose in 2016 according to a study carried out on behalf of the European Commission to measure the VAT gap.

The study shows that in 2016 the Irish Government collected €1.6 billion less than theoretically possible.

Romania recorded the highest level of uncollected VAT at 35.8 per cent while Luxembourg at just 0.85 per cent was the best performer of the 28 EU States.

Tim Hayes of the EU Commission office in Dublin says the figures indicate that Ireland is collecting 11%  less VAT than expected and the gap is getting bigger. 

Interviewee: Tim Hayes | Clip duration: 0 minutes 20 seconds | Outwords: should be paid