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

11:50 am

Ms Josephine Feehily:

Sorry; I have found a note, but I am not sure it has the figures that Deputy Fleming wants.

I need to correct myself. Inability-to-pay amounts are not reported as part of the audit yield. They are recorded as nil-yielding audits. The inability-to-pay amount that we accept is not regarded as yield. We have not collected it at that point and an amount of it will be referred for subsequent collection. I will get that figure for Deputy Fleming. I do believe it is in here somewhere but nobody seems to be able to find it.