Written answers

Tuesday, 14 October 2008

Department of Finance

Information Obligations

12:00 pm

Photo of Leo VaradkarLeo Varadkar (Dublin West, Fine Gael)
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Question 38: To ask the Minister for Finance if he has completed his list of information obligations which their regulations impose on businesses; if so, the obligations involved; if not, when such a list will be finalised; if the most burdensome obligations, the regulations that they impose and the costs on businesses have been identified; if these costs, as they apply to businesses, have been measured; or if this aspect of the project has not been completed, the date by which this will be done; and if he will make a statement on the matter. [34593/08]

Photo of Brian Lenihan JnrBrian Lenihan Jnr (Dublin West, Fianna Fail)
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As the Deputy may be aware, the Department of Enterprise, Trade and Employment is coordinating the overall process to measure and reduce burdens on business. My Department is participating in this process and is currently compiling a list of information obligations in relation to the legislation for which it has responsibility. The timeframe for the completion of the identification, prioritisation and measurement of information obligations is end 2009. The position in relation to Revenue is similar.

Quite apart from this process, Revenue has already introduced many simplification measures designed to ease the compliance burden for business and this has been acknowledged by business representatives.

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