The department is obliged under prompt payment legislation, pursuant to Government Decision S29296 of 19 May 2009 and 28 March 2017 to pay suppliers within 15 days of receipt of a valid invoice and to publish quarterly composite returns covering both the department and bodies under its aegis. These reports are also submitted to the Department of Enterprise, Trade and Employment which collates the returns of all central government departments. This department’s quarterly composite returns can be found here: gov.ie - Prompt Payment Returns (www.gov.ie)
he information requested by the Deputy is also set out in the table below.
Year
|
Total Prompt Payment Interest €
|
Total Prompt Payment Compensation €
|
Subtotal per year €
|
2021 (Jan – Aug)
|
€3,390.72
|
€5,260.00
|
€8,650.72
|
2020
|
€4,181.72
|
€6,980.00
|
€11,161.72
|
2019
|
€4,473.95
|
€8,130.00
|
€12,603.95
|
2018
|
€1,981.23
|
€8,460.00
|
€10,441.23
|
2017
|
€2,123.71
|
€4,460.00
|
€6,583.71
|
Divisions in the Department are required to provide an explanation to the Department's Finance Unit when an invoice is submitted for payment after the deadline. Where applicable they are informed that prompt payment interest and compensation will fall due and are reminded of the requirement that all central Government Departments should pay their suppliers within 15 calendar days of receipt of a valid invoice.