This aspect has to be closely monitored by regulating agencies, and defaulters must be threatened with closure of business, failing compliance. |
Meanwhile, they fail to collect what is owed by defaulters, adding to the burden on those who do pay. |
The principal change proposed in this legislation is to allow bailiffs to execute warrants to collect money owed by fines defaulters. |
The excuse we have been given is that most fine defaulters have no fixed abode, keep moving addresses, and cannot be found. |
It will also discourage defaulters, who will fear black marks on their credit record. |
The Revenue Commissioners confirmed that 201 tax defaulters made settlements of over 12,700 in their last report published in December. |