Dáil debates
Wednesday, 1 February 2012
Tax Code
10:30 am
Michael Noonan (Limerick City, Fine Gael)
Arrangements were made by my predecessor in last year's Finance Bill in association with the 2011 budget but they can only be enacted by ministerial order when the base legislation has been produced. The arrangements are in place and the legislation is being prepared. I referred to it in this year's Budget Statement as an additional amount of money, but not a lot, because I am not sure how much will be collected or to what degree the collection system will be efficient. I am told it can be done and we will see where we are then. We can have a debate on it when I bring legislation to the House, which I hope to do before the summer.
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