Mr. Mark Redmond:

There are a few elements to that. First, there has been an investment in greater economic know-how and statistical analysis both in the Department of Finance and Revenue. Second, and more important, is the public private partnership aspect. Business and taxpayers are providing a great deal more information now to Revenue, primarily electronically, which allows for far greater analysis, projections and certainty in terms of what the future may hold.

Of course the Revenue Commissioners, as an organisation, should be commended on joining up the dots. That has been a feature of the investment that the Revenue Commissioners and the Department of Finance have made in technology and personnel over the past number of years.