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Reporting

Financial reporting and annual reports

About our annual reports, our payments and financial reporting policies.  


Annual Report

As a public benefit entity we are obliged to regularly publish annual reports, a range of financial reports and our payment policy, all of which can be accessed below. 

Read our latest annual report

RSA-annual-report-2020


Annual Reports by year

RSA Annual Report 2020 pdf | 18663 KB RSA Annual Report 2020 Irish Version pdf | 7384 KB RSA Annual Report 2019 pdf | 5807 KB RSA Annual Report 2019 Irish Version pdf | 6657 KB RSA Annual Report 2018 pdf | 4804 KB RSA Annual Report 2018 Irish Version pdf | 4891 KB RSA Annual Report 2017 pdf | 3984 KB RSA Annual Report 2017 Irish Version pdf | 6860 KB RSA Annual Report 2016 pdf | 5572 KB RSA Annual Report 2016 Irish Version pdf | 5631 KB RSA Annual Report 2015 pdf | 7762 KB RSA Annual Report 2015 Irish Version pdf | 8619 KB

Prompt payment procedure

We are committed to making every effort to pay suppliers promptly and suppliers can help by ensuring that:

  • invoices quote a valid Road Safety Authority Purchase Order Number
  • correct invoices are sent directly to [email protected]
  • correct bank details are provided
  • ensure that a tax clearance status with the Irish Commissioners is up to date.

In the case of all public sector contracts of a value of €10,000 (VAT inclusive) or more within a 12-month period, the contractor will be required to produce a valid tax clearance certificate. This is a mandatory requirement. Full details on tax clearance procedures may be found on revenue.ie.


Prompt payment of accounts legislation

Payment of invoices by the Road Safety Authority (RSA) is governed by the Prompt Payment of Accounts Act, 1997 as amended by the European Communities (Late Payment in Commercial Transactions) Regulations 2012 - S.I. 580 of 2012. The Regulations, which apply equally to the public and private sectors, provide an automatic entitlement to interest and compensation if payment for commercial transactions is late (valid invoices which are unpaid after 30 days from the date of receipt).

We consider an invoice received only when it is received by accounts payable, sent to [email protected], quoting a valid Road S Purchase Order number. Interest is calculated in respect of the period starting on the date after the due date and ending on the date when payment is made.

Payment of interest and compensation cannot be waived by the supplier and must be included with the amount payable for the goods or services without demand for its payment being made by the supplier.

From the 1st January 2019 the late payment interest rate is 8% per annum (that is based on the ECB rate of 0.00% plus the margin of 8%) That rate equates to a daily rate of 0.022%. Penalty interest due for late payments should be calculated on a daily basis. The ECB rate can be checked on the Central Bank and Financial Services Authority of Ireland website or on the European Central Bank website.

The legislation does not oblige payment to be made to a supplier who has failed or refused to comply with a request to produce a tax clearance certificate and it expressly extends the statutory time limit for payment where there are delays in furnishing a tax clearance certificate. Also, the Act does not affect the deduction of withholding tax from any payment to a supplier.


Queries or complaints

If you have a complaint or a query regarding payment of an invoice, please contact [email protected]


15-Day payment requirement, July 2021

The Government extended the non-statutory requirement applicable to central government departments to all public bodies from July 2011, to reduce the payment period by public bodies to their suppliers from 30 to 15 days. Every effort, consistent with proper financial procedures, is being made to ensure that all suppliers are paid within this timeframe. The links below show our performance with regard to the 15-day payment requirement since its introduction.


Procurement - RSA payments over €20,000

In line with the Programme for Government, and within the "more effective financial scrutiny" section, we have begun the practice of publishing details of purchase orders raised for goods and services valued at €20,000 or more. This information is published quarterly in arrears and can be downloaded in PDF format below: