Tax expert warns builders to get their house in order

Accountancy firm's 8 tips to stay off Revenue's radar

Under the microscope... Pic: Getty

As work in the building and construction industry picks up, industry sources are warningRevenue is planning a crackdown on tax and VAT receipts.

Revenue has formally announced a new campaign which would see professions such as bricklayers and roofers hit with serious penalties if found to be in breach of tax rules.

TaxAssist accountant Greg Murphy said: "The Revenue Commissioners have warned operators in the construction sector to expect additional queries and audits.