Written answers

Wednesday, 17 January 2018

Department of Finance

Capital Expenditure Programme Review

Photo of Dara CallearyDara Calleary (Mayo, Fianna Fail)
Link to this: Individually | In context | Oireachtas source

62. To ask the Minister for Finance the key priorities of his Department in regard to the forthcoming capital review; the projects it has submitted for priority inclusion in the review; the status of his negotiations with the Department of Public Expenditure and Reform on the review; and if he will make a statement on the matter. [2290/18]

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
Link to this: Individually | In context | Oireachtas source

For the purposes of the capital review the Department of Public Expenditure and Reform looks at the Finance Vote Group. There are 4 Votes in the Finance Group: The Department of Finance, the Office of the Revenue Commissioners, the office of the Comptroller and Auditor General, and the Tax Appeals Commission.

Following the Mid-Term Review of the Capital Plan, the Department of Finance Vote Group has been allocated €91 million in capital expenditure over 2018-2021. A small proportion of this is to be allocated to the Department of Finance to provide for IT equipment, IT systems, and to ensure appropriate facilities are in place for staff of the Department. The vast majority of the allocation will be allocated to the Office of the Revenue Commissioners.

This additional capital funding will enable the Office of the Revenue Commissioners to deliver further IT Development (PAYE Modernisation). The project represents the most significant reform of the administration of the PAYE system in over fifty years. The objective of the project is that employers, employees and Revenue will all have access to the most accurate and up-to-date information available relating to pay, tax, PRSI and USC deductions. This will ensure that the right amount is collected at the right time from employees, and that employers pay their correct liabilities when required.

I am satisfied with the current status of the negotiated allocation for the Finance Vote Group.

Comments

No comments

Log in or join to post a public comment.