Oireachtas Joint and Select Committees

Wednesday, 20 November 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Proposed Changes to Pay and File Tax Date: Discussion with Irish Tax Institute

3:40 pm

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

I was also alarmed by the feedback from the practice in Dublin which states that on the last day of October, one third of its clients' accounts have been filed, one third of them are in hand and one third of clients have yet to send in data, and that the one third yet to stand in data may be sticking their heads in the sand as they know they cannot pay. While the issue for this year has been resolved and we will continue to pursue it in the year ahead, I would be concerned if it is the case that one third of people are sticking their heads in the sand. I know from other feedback that many only engage in the last few days in October, which puts pressure on the industry. If it is going to cost €1 million per week for every week the date is brought forward, we will need to dig a very big hole for these people to stick their heads in. Does the feedback indicate this is systemic across advisers?

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