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

11:10 am

Ms Josephine Feehily:

That fundamental piece runs right through all of them. In the data we circulated from our headline results, the Deputy will see that we now have four or five classifications. That money would probably be in a different box if dealt with now. It is not something about which we are happy, but it is a matter of classification. We are very satisfied that the money has to be brought to account somewhere. As an organisation, we did not have the granularity of tools available to our staff to classify the different ways. It is quite clear that the money did not come in on time; therefore, it had to come into compliance programme somewhere and it did. However, the Deputy is right about classification.