Oireachtas Joint and Select Committees

Thursday, 7 November 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Local Property Tax: Discussion with Revenue

3:25 pm

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour) | Oireachtas source

The Revenue has a merchant agreement with a banking company. There is a coding system in that merchant agreement. If I were to book a holiday this afternoon to travel abroad for St. Patrick's weekend, and if I were to use one of our Irish airlines such as Ryanair or Aer Lingus, departing on 15 March, that sum would be taken from my account immediately. If, however, I were to book a hotel with an online hotel agency, it would put a hold on my account and on the date of my arrival at the hotel, or if I failed to notify them that I was not arriving, that sum would be deducted. That is just a system of coding. The merchant company the Government has engaged, if that is the case - we can clarify that later - can establish a code for the Revenue. I understand the Revenue can modify the merchant agreement in place so that credit card details can be given and payments removed on a particular date. Is that not the case?

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