Mr. Niall Cody:

Every year, we have to operate within the overall Government framework. I have been asked many times at committee and in parliamentary questions whether we have the staffing needed. I think any of my colleagues would say that if we had more staff, we would do more stuff. We have got huge support in my term from the Ministers for Finance and public expenditure and reform in the Estimates process.

The big challenge we have in the next couple of years is around the implementation of the international tax arrangements. There is a skill set required related to transfer pricing and financial accounting. The nature of the tax computation has changed for the multinationals. There is a real shortage of expertise across the board. The practitioner firms have the same issue because this is new. We put a business case in the Estimates. We did work in the Estimates process around 23 additional higher level staff. That is approved and we started recruitment. I think we will struggle. It is not the budget that is our problem.