Oireachtas Joint and Select Committees

Thursday, 19 November 2020

Public Accounts Committee

2019 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 9 – Office of the Revenue Commissioners
Central Fund Related Accounts - Revenue Account 2019

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11:30 am

Mr. Niall Cody:

There will be a liability for 2020, which will be collected from 2022 to 2026 by an interest-free reduction in credits. Some people will like to pay at once and others will have the opportunity to spread it over four years. That is how the system will work.

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