Bobby Aylward (Carlow-Kilkenny, Fianna Fail) | Oireachtas source

I thank Mr. McCarthy. In the case of people who are paying tax that was previously underpaid, a complaint I often get relates to the interest that is charged. These people are caught for whatever amount but the interest doubles or triples it. How does Revenue assess the interest owing, which is sometimes very severe? I am talking about people who have no problem paying back when they are behind for whatever reason, but the interest on top of that crucifies them. How is that calculated and what rate is applied?