Dáil Éireann Debate, Wednesday - 15 September 2021
487. Deputy Catherine Murphy asked the Minister for Social Protection the amount paid in late interest payments and penalty payments by her Department in each of the years 2017 to 2020 and to date in 2021 in respect of late payments being made to suppliers, service providers and contractors in tabular form; and the measures she has put in place and or is implementing to reduce late payment interest and penalty payments. [44011/21]
View answerBelow set out in tabular format are both the late interest payments and penalty payments paid by my Department for the years 2017 to 2020 inclusive and year to date 2021. The information below, with the exception of 2021 data, is disclosed in the Department’s Vote 37 Appropriation accounts.
|
Year |
Interest € |
Penalties € |
|
2017 |
4,613 |
4,660 |
|
2018 |
724 |
2,300 |
|
2019 |
805 |
3,010 |
|
2020 |
4,688 |
7,280 |
|
2021 |
1,087 |
5,420 |
My Department continually reviews its financial procedures and processes with a view to improvement and to minimise the potential for late interest or penalty payments.
