The Finance Minister says he's adopting a 'wait and see' approach to calls for a VAT compensation scheme for charities.
It's after the Dáil heard the Clare branch of the Red Cross raised 76,000 euro in funds to purchase a community ambulance, and that 16,000 of this was handed over in tax.
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Minister Michael Noonan has responded by saying that there are some VAT refunds available, and that current EU laws, which are under review, leaves them with little options.
