Ceisteanna—Questions. Oral Answers. - Interest on State Taxes.
- Interest on late tax payments 2 speeches
McCreevy asked for interest collected on late corporation tax, income tax, VAT, PAYE and PRSI payments from 1979 to 1984; Dukes said the figures would be circulated in a tabular statement.
Charlie McCreevy, Alan M. Dukes
- PRSI contribution increases 16 speeches
O’Kennedy sought figures for increases in PRSI contributions from 1979 to 1984. Dukes declined to provide them orally, and the Chair said the answer could be given orally or circulated as a table; no figures were supplied.
Michael O'Kennedy, Alan M. Dukes, Thomas J. Fitzpatrick, Charles J. Haughey
- Interest on tax overpayments 3 speeches
McCreevy asked how much interest Revenue paid on overpaid income and corporation tax. Dukes explained interest is paid in specified appeal cases and gave annual figures rising from £683,126 in 1979–80 to £3,781,105 in 1983–84; the 1984–85 figure was not yet available.
Charlie McCreevy, Alan M. Dukes, Thomas J. Fitzpatrick
asked the Minister for Finance the amount of interest collected on late payment of corporation tax, income tax, VAT, PAYE and PRSI in the years 1979 to 1984, inclusive.
Comment on this
As the answer is in the form of a tabular statement I propose to circulate it in the Official Report.
Following is the statement:
Amount of interest collected on late payment of corporation tax, income tax, VAT, PAYE and PRSI in the years 1979 to 1984 inclusive
Comment on this
Will the Minister state the level of the increase in the PRSI contributions in the years from 1979 to 1984?
Comment on this
If the Minister knows the amount of interest he must also have the actual figure for the total payment of PRSI.
Comment on this
I am afraid we are going to get into another difficulty here. As the Deputy knows, I have been in trouble with the Chair on occasions in the past when I have told the House that an answer was in the form of a tabular statement and then I read out the figures in that statement.
Comment on this
The Minister gave four figures today in an oral reply and on the last day he gave two figures in a tabular statement. I am asking him to extract one or two figures showing the increase in PRSI contributions from 1979 to 1984.
Comment on this
It can be answered in the form of an oral reply or circulated as a tabular statement in the Official Report.
Comment on this
No, I do not know. As a matter of fact, when the Deputy and I came into this House many years ago the contrary was always the case.
Comment on this
We have here a refusal by the Minister to give two figures on the basis that they are in the form of a tabular statement. In that event the House will get no information at Question Time. The Minister will always be able to avoid any supplementary questions.
Comment on this
asked the Minister for Finance the amount of interest paid by the Revenue Commissioners on overpayment of corporation tax and income tax for the years 1979 to 1984, inclusive.
Comment on this
Interest is payable by the Revenue Commissioners in respect of income tax and corporation tax overpaid only where a taxpayer appeals against an assessment, pays a specified amount of tax in respect of that assessment and, following determination of the appeal, is found to have paid tax in excess of the amount properly due.
The amounts of interest which have been paid in respect of income tax and corporation tax overpaid are as follows: 1979-80, £683,126; 1980-81, £766,911; 1981-82, £1,622,953; 1982-83, £2,124,187; 1983-84, £3,781,105 and 1984-85, not yet available.
A breakdown of these figures between income tax and corporation tax is not available.