Oireachtas Joint and Select Committees
Thursday, 29 June 2023
Public Accounts Committee
Financial Statements 2021: Irish Horseracing Regulatory Board
9:30 am
Mr. Darragh O'Loughlin:
It was in the form of a contribution from the Turf Club to the retiring CEO's retirement. The Deputy raised a question about the taxation of the additional contribution which was not made up of State funds. We had a review carried out by independent auditors earlier this year so that I could be satisfied that both aspects of the entire payment had been properly taxed. I have been advised that because it was all processed through the normal payroll processes, it was taxed appropriately.
No comments