The great Revenue round-up

The Revenue is expected to begin its investigation into single-premium insurance products early next year. So what is the best course of action for those involved?

The Revenue Commissioners' investigation into single-premium insurance products bought over the past 24 years to avoid paying tax is expected to begin early next year.

“We expect the Revenue guidelines next January or February,” said Brian Walsh, tax director with Mazars.

Walsh specialises in Revenue audits, investigations and settlement negotiations.

“Letters are likely to be sent simultaneously to anyone who bought one of these products between 1980 and 2004, asking them voluntarily to ...