Updated audit code takes radical new approach to compliance interventions
New and improved code of practice represents most significant change to Revenue’s approach to compliance interventions in years, says Deloitte
A revised code of practice for revenue audits and other compliance interventions was published by the Revenue Commissioners recently, and outlines how the agency will deal with certain infractions of the law by taxpayers.
The new and improved code will take effect for compliance interventions notified on or after May 21 of this year. As to when it will take effect for “interventions”, you can presume that it’s when Revenue comes knocking.
Feargal Kenzie and ...