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EU Directives

Dáil Éireann Debate, Tuesday - 28 February 2012

Tuesday, 28 February 2012

Questions (268, 269)

Dominic Hannigan

Question:

312 Deputy Dominic Hannigan asked the Minister for Jobs, Enterprise and Innovation if he intends to sign up to the new European directive to exempt micro-enterprises from accounting and financial reporting obligations which was adopted by the financial and economic affairs council on the 21 February; and if he will make a statement on the matter. [11381/12]

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Dominic Hannigan

Question:

327 Deputy Dominic Hannigan asked the Minister for Jobs, Enterprise and Innovation if he intends to sign up to the new European directive to exempt micro-enterprises from accounting and financial reporting obligations which was adopted by the financial and economic affairs council on the 21 February; and if he will make a statement on the matter. [11382/12]

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Written answers

I propose to take Questions Nos. 312 and 327 together.

The Directive in question provides that Member States may provide for exemption from certain obligations for companies meeting stipulated thresholds.

My Department will be consulting with interested parties to assist with formulating a recommendation to me in this matter.

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