Oireachtas Joint and Select Committees

Thursday, 7 November 2019

Public Accounts Committee

2018 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 37 - Employment Affairs and Social Protection
Chapter 12 - Regularity of Social Welfare Payments
Chapter 13 - Timeliness of Income Support Claim Processing
Chapter 14 - Customer Service - Development of Income Support Application Forms

9:00 am

Mr. John McKeon:

There is no liability on the individual directors. If it is a limited company, the liability is with the business. We work with Revenue and we raise issues in court cases about whether directors should be barred from holding future directorships and so on but in practice, the debt is owed by the limited company and not by the shareholder. I understand the point but it is the same for Revenue or for any creditor.


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