Mr. Rónán Hession:

We do not have a particular concern about inflated claims. Some clarification was provided recently to explain some of the disparity between Central Statistics Office, CSO, figures around research and what we are seeing in the research and development tax credit. There was a degree of double counting and we have corrected the record of the House to clarify that.

As the Chairman outlined, there is a risk based audit approach adopted in Revenue to make sure claims are legitimate, valid and comply with requirements.