Government nixes Revenue plan to hire more inspectors
The government has rejected a plan by the Revenue Commissioners to recover an extra €100 million per year from tax evaders.
The government has rejected a plan by the Revenue Commissioners to recover an extra €100 million per year from tax evaders by hiring extra tax inspectors.
The Revenue proposed hiring 125 extra auditors at a cost of €6.5 million in salaries.
It said that each auditor would be able to bring in an average of €800,000 in undeclared taxes, interest and penalties, which would represent a return on investment “of between 12 and 15 to one”.
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