Dáil debates

Wednesday, 27 May 2009

Finance Bill 2009: Report Stage (Resumed) and Final Stage

 

5:00 pm

Photo of Richard BrutonRichard Bruton (Dublin North Central, Fine Gael)

I welcome the Minister's statement that he will bring our concerns to the attention of the Revenue Commissioners. The House ought to see that in some shape or form. I will be content to withdraw my amendment if we can receive assurance from the Minister that not only will data be collected, but that the report will show us some element of benefit. I chose the phrase "value added" in that it is very flexible and could apply to profit, employment or other factors. It is not necessarily tied to a job count.

We need to have this information in the report and the Revenue Commissioners should not simply state there are 40 companies availing of a relief amounting to €50 million, for example. This conveys very little other than the activity, not the benefit. I ask that the Minister make some arrangement that the additional data he is collecting will be reported to the House so Members can have a meaningful understanding of what is happening. If he agrees to doing so, I will withdraw my amendment.

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