Oireachtas Joint and Select Committees

Thursday, 2 July 2015

Public Accounts Committee

2013 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 15: Local Property Tax
Chapter 16: Taxation of Rental Income
2014 Account of the Revenue Commissioners

10:00 am

Photo of Joe CostelloJoe Costello (Dublin Central, Labour) | Oireachtas source

I note in respect of overall debt that the debt available for collection was €907 million. While this figure was down from the previous period, it is still a considerable amount of debt. At the end of 2014, there were 8,908 taxpayers or businesses, covering €104 million in debt, in phased arrangements to pay for tax liabilities. What precisely is meant by the statement "debt available for collection" and how does this tie up with the amounts that have been paid off? The sum available for collection is much larger than the amount that is in phased arrangements for payment of tax liabilities. What happens in respect of the difference between the two amounts, namely, the €907 million available and the €104 million that is being progressed?

Comments

No comments

Log in or join to post a public comment.