Revenue Commissioners’ tax debt seizures fall

The rate of monies obtained by the Revenue Commissioners through attachment orders from defaulting taxpayers has slowed down this year compared with 2013 and 2012.

New figures provided by Finance Minister Michael Noonan show that a total of €11 million has been generated arising from 1,972 separate referrals for attachment orders from defaulters in the first five months of this year.

This compares with €28.62m received arising from 4,199 separate referrals in 2013 and €28.5m obtained from 4,039 referrals in 2012. The value of attachment orders to the end of May in 2014 totals €65.2m and this compares to a value of €173.5m in 2013 and €178.4m in 2012.