Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

The banking review is up and running and we have a team in place in my Department which will work on and oversee it. We will soon seek the views of members of the public and stakeholders on retail banking. I will let the Deputy and committee know about that. We will give consideration to the kind of event or format in which those views can be heard publicly and considered. That process is under way.

On the handling of the tax liabilities, we have in place a scheme whereby tax debts will be parked on an interest-free basis for the 12-month period after 31 March 2022. That takes us up to the end of March 2023. The Revenue Commissioners will then put in place plans to agree with taxpayers as to how those warehoused taxes can be paid during that period. However, for the year beyond March 2022, provision will be made to allow those taxes to be parked on an interest-free basis for another 12 months.