asked the Minister for Finance the estimated amount of tax refunds due by the Revenue Commissioners under each of the headings as at 30 September 1986; (1) VAT; (2) income tax — PAYE; (3) income tax — direct assessments; (4) corporation tax; and (5) capital gains tax; and whether the Revenue Commissioners pay interest to claimants of PAYE and VAT refunds in circumstances where the Revenue delay unduly in paying the refund; and if he will make a statement on the matter.
Written Answers. - Tax Refunds.
112.
Presumably the Deputy has in mind the amounts of tax under the various taxheads mentioned which were quantified as being repayable as at 30 September 1986. The information sought is not available. It should be stated however that no undue delay occurs in affecting repayment once the amount of the relevant tax due for repayment has been established. There is no statutory provision for the payment of interest on VAT or PAYE repayments.