Oireachtas Joint and Select Committees

Thursday, 21 February 2013

Public Accounts Committee

2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 9 - Office of the Revenue Commissioners
Chapter 7 - Audit of Revenue 2011
Chapter 8 - Revenue Outturn 2011
Chapter 9 - Revenue Debt Collection
Chapter 10 - Increasing Tax Compliance

10:40 am

Ms Josephine Feehily:

If they approach the valuation honestly and reasonably, people have nothing to worry about. That is at the heart of self-assessment.

Compliance work will not be done immediately because my major worry this year is to implement the property tax - getting the returns out and in and collecting the money. The compliance element of the work will begin with the significant gaps in the valuations. If there is an outrageous gap between the norm that is emerging for an area and returns, these are the cases in which we will start our work on compliance.