Oireachtas Joint and Select Committees

Thursday, 20 February 2014

Public Accounts Committee

2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 9 - Office of the Revenue Commissioners
Chapter 23 - Revenue Collection
Chapter 24 - Management of Revenue Debt
Chapter 25 - Taxpayer Compliance
Chapter 26 - Corporation Tax Losses
Chapter 27 - Tax Audit Settlements

10:50 am

Ms Josephine Feehily:

Miracles take longer. In respect of taxes generally we get a blended rate of approximately 85% timely compliance, across all of the taxes, which is very good compared with international rates. Against that benchmark 93% for LPT is very good. If we can achieve 93% for LPT, household charge and LPT 2014 by the autumn, I will be very pleased. I am quite certain that some of the other 7% have no liability but they have not claimed the exemption. There is unsold housing stock for which the exemption has not been claimed. It will not be the same 93% each year. If we are in that space every year for the household charge we will be ahead of the compliance rates we achieve on some of the taxes, without engaging in the kind of activity the Comptroller and Auditor General spoke about, audits and so on. A voluntary compliance rate of 93% is very good.