Oireachtas Joint and Select Committees

Thursday, 2 March 2017

Public Accounts Committee

2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 34 - Environment, Community and Local Government

9:00 am

Photo of Seán FlemingSeán Fleming (Laois, Fianna Fail) | Oireachtas source

It is still being collected at that rate. Given that €35 million is coming in per annum, has anyone in the Department calculated what is out there. It is probably a contingent asset. This phrase has come up about contingent asset - the Social Insurance Fund - but it is now clear to me that there is a stream of income of €30 million to €35 million per annum. That indicated that there is an uncollected amount of money out there. Has the Department done anything to try to estimate how much money might be out there, or does it just sit back with the view that if it lands through the door, it lands through the door? What proactive steps is the Department taking given that €30 million is coming through with no effort from the Department?

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