Tax Compliance

Dáil Éireann Debate, Thursday - 12 March 2015

Thursday, 12 March 2015

Questions (93)

Michael McGrath

Question:

93. Deputy Michael McGrath asked the Minister for Finance further to Parliamentary Question No. 92 of 5 March 2015, if he will provide a breakdown of the €19,199,325 between tax, late payment interest charges and penalties; if he will provide a breakdown of the 128 cases concluded between total amounts due of less than €50,000, between €50,000 and €150,000, between €150,001 and €250,000, between €250,001 and €300,000 and greater than €300,000; if he will confirm the largest amount collected in a single case and break it down between tax late payment interest charges and penalties; if he will confirm the status of the remaining 203 compliance interventions; if the Revenue Commissioners examined a greater number than the total of 331 cases; and if he will make a statement on the matter. [10937/15]

Written answers

Minister for Finance

I am advised by the Revenue Commissioners that of the almost €19.2 million in settlements to date, some €16.4 million relates to tax, €1.7 million relates to interest and €1.1 million relates to penalties.

A key focus of the Revenue enquiries in relation to the tax affairs of medical consultants is the tax issues arising from the incorporation of medical consultants' businesses and in that context Revenue have confirmed that the 128 compliance interventions concluded to date include both medical consultants and their company businesses, as appropriate 95 individual medical consultants and 33 consultants' company businesses.

The settlements can be broken down as follows:

No of cases	Settlement Amount
53	< or = €50,000
29	>€50,00 and < or = €150,000
22	>€150,000 and < or =€250,000
8	>€250,000 and < or =€300,000
16	>€300,000

As regards the matter of the largest settlement concluded to date, because of their confidentiality obligations under section 851A of the Taxes Consolidation Act 1997, the Revenue Commissioners are precluded from giving details of the settlement on grounds that such a disclosure might facilitate the identification of the person concerned at a future date.

Finally, Revenue have confirmed that the remaining 203 open cases are at various stages of consideration. Revenue's enquiries in the medical sector are ongoing, with further interventions likely to be opened in the course of 2015.