VAT Change on M50 and Dublin Port Tunnel Tolls.
Following a CJEU (Court of Justice of the European Union) ruling, Revenue have advised Transport Infrastructure Ireland (TII) that VAT should not be applied to tolls levied by TII, as it is a state agency.
This means that, with effect from 1st April 2017, TII will cease to include VAT as part of the tolls for journeys on the M50 and Dublin Port Tunnel.
The published toll rates as charged on the M50 and Dublin Port Tunnel will remain the same and not be reduced by 23%. This will be retained by TII as reported in the press over the weekend.
This change on the position on VAT will only affect business tag customers (irrespective of who your tag provider is) and does not have any impact on private customers.
Directroute are advising any businesses affected by this decision to contact their tax advisor or Revenue.