Tax advisors say that Revenue clampdowns on specific sectors bring in 60 per cent less in unpaid tax and penalties than regular audits.
Despite Revenue’s significant investment in ‘‘sectoral audits’’, such as the recent focus on the building sector, the Institute of Chartered Accountants in Ireland (ICAI) has told members that they are ‘‘not as successful as the case-by-case selection of audits’’.
Last week, Revenue Commissioners...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team