Automation, internal reform and the growing culture of tax compliance of the public all contributed to the improved performance of the Revenue Commissioners last year.
Back in 1988, tax arrears were equal to 40 per cent of the total tax yield. By 1994, this had fallen to around 15 per cent. Last year, the figure fell to a new low of 2.5 per cent.
The cost of collection has also been falling. In 2003, the cost of collection was 0.9...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team