Oireachtas Joint and Select Committees

Thursday, 9 May 2013

Public Accounts Committee

2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 11: VAT on Intra-Community Trade

11:00 am

Ms Josephine Feehily:

There is one ongoing audit which is expected to yield €20,000 and another case is in the course of being interviewed, but the scheme is virtually completed.

It is important to point out that the 600 cases had to be worked on to get down to just 60, and the average yield from the 600 cases is just over €4,000. The average yield from a targeted Revenue audit is closer to €40,000.