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

11:30 am

Ms Josephine Feehily:

Nothing at all. It is a self-assessment tax. What they need to put on the return is a band number. They do not need precision, which is one of the beauties of the band system. People are worried as to whether their house is worth €160,000 or €170,000 but that does not matter. It is a band system so they just put in a band number. The band number in the booklet will tell them how much they need to pay. They simply fill in the band and the amount and then return the form.