Mr. Niall Cody:

It will be very easy for a person to claim expenses that he or she is entitled to. It also opens up all sorts of opportunities, in time, for us to review in-year claims, such as health expenses, and how we integrate real-time claims. This may require some legislative change. My Department of Finance colleagues might be saying "He should stop talking about things like that", but it does open up opportunities.

On corporation tax, proposals are under way at OECD level. Pilar 1 is around the nature of where the taxation applied. Pillar 2 is around a potential minimum effective rate. These proposals are at varying degrees of development. The OECD has just recently completed a consultation on Pillar 1, and a consultation on Pillar 2 is ongoing. At the finance committee we have highlighted potential range with some elements of it, but it is very hard, or nearly impossible, to have estimates on Pillar 2 because nobody knows yet what policy decisions will be taken or the timing of that. When we do know this I am sure the finance committee will be talking to us and we will talk about it again at this committee also.