Mr. Niall Cody:

One could, for example, look at a case in which there is a repayable tax credit for this year and where there was also a repayable tax credit for the previous year which had not been selected for an audit. One then goes and looks and finds that that entity is not entitled to that amount and the previous year's case is also reopened. That could lead to a clawback. The level of repayments on all taxes with the exception of VAT is quite small. VAT has an inbuilt repayment system. It is part of the structure of the tax.