Oireachtas Joint and Select Committees

Tuesday, 26 November 2013

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance

Finance (No. 2) Bill 2013: Committee Stage

3:50 pm

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
Link to this: Individually | In context | Oireachtas source

My assumption is that contractor No.1 registers and enters all the data required by Revenue while contractor No. 2 registers and does the same. When Revenue sees the trigger of €5,000 has been reached, the claim is eligible and the arrangements are made in accordance with a person’s tax liability for the repayment of the tax paid. We rely on the Revenue to ensure its operational systems are correct and efficient.