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APIP Lobbies Minister Noonan T.D. for VAT Exemption in Budget 2016

Date added: 07 Oct 2015

VAT on PIPs Fees a Barrier for People in Debt 

APIP has submitted a pre-budget submission to the Minister for Finance, Mr. Michael Noonan T.D., for the removal of VAT on personal insolvency practitioners’ (PIPs’) fees.  In its submission, APIP says that VAT is a barrier to individuals seeking help for their debt problems.

Eric Hendy, Chairman of APIP said; “The VAT increases the perceived cost of our fees and acts as a deterrent to individuals entering the personal insolvency process.  The Revenue Commissioners are acting contrary to the Personal Insolvency Act 2012.  The 23% VAT is an extra burden and the system needs to help people to overcome their debt problems.  It would appear the Revenue Appeals Commissioner agrees as, back in June, it found in favour Money Village and ruled that debt management services are not subject to VAT.”

“If the VAT is removed, people who are struggling financially could pay more of their debts.  The 23% saving would be put back into the economy as creditors would receive greater returns. The insolvency system's doors would be opened wider with more individuals seeking help from PIPs and a greater community dividend available for unsecured creditors, such as credit unions, wholesalers and shops in the distressed debtor's locality" concluded Eric Hendy.

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For further information and/or to arrange interviews contact Orla Clancy, Media Consultant for APIP, at or telephone 087 938 8882.

The submission from APIP to the Minister for Finance for the removal of VAT on personal insolvency practitioners’ (PIPs’) fees can be viewed here.

Notes to Editor

Association of Personal Insolvency Practitioners (APIP)

The Association of Personal Insolvency Practitioners (APIP) is a voluntary organisation that was formed in 2013.  APIP has 82 members who are personal insolvency practitioners (PIPs) authorised by the Insolvency Service of Ireland (ISI).  They represent debtors nationwide.  PIPs are self-funded professionals who act independently, but work together to tackle people’s debt problems.  An established organisation, APIP collaborates with the government and the ISI on debt solutions for people in Ireland and lobbied for the new measures that were introduced in the Personal Insolvency (Amendment) Act 2015. 

Further Information

2015 APIP Committee

Eric Hendy, Chairman of APIP
Tara Cheevers, Secretary of APIP
Mitchell O'Brien, APIP Committee Member
Alan McGee, APIP Committee Member
Steven Curtis, APIP Committee Member
John Kenny, APIP Committee Member

APIP VAT Committee

Eugene McDarby, APIP VAT Committee Member
John Kenny, APIP VAT Committee Member