Oireachtas Joint and Select Committees
Thursday, 25 January 2024
Public Accounts Committee
Appropriation Accounts 2022
Vote 9 - Office of the Revenue Commissioners
Account of the Receipt of the Revenue of the State collected by the Revenue Commissioners 2022
Report on the Accounts of the Public Services 2022
Chapter 20 - Assessment and Collection of Local Property Tax
Chapter 21 - Revenues Tax Debt Warehousing Scheme
Chapter 22 - Corporation Tax Losses
9:30 am
Cormac Devlin (Dún Laoghaire, Fianna Fail) | Oireachtas source
Okay. I thank Mr. Cody for that. I want to turn to debt warehousing. Mr. Cody said 57,811 customers with €1.75 billion owed money under the debt warehousing scheme. Two thirds of those customers have a low balance of under €1,000 but there are far more significant cases with almost 3,120 customers owing over €100,000. I note there was a significant reduction in debt levels between July and December 2023. How was this achieved? What element of write-off, if any, has there been in that figure?
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