Time to wipe the tax slate clean
Paul Walsh of the Revenue explains its new approach to policing bank deposits.
Paul Walsh of the Revenue explains its new approach to policing bank deposits.
A number of people with large deposit accounts have contacted us to ask if they have anything to worry about, as a result of interest reporting and our voluntary disclosure initiative.
Our answer is straightforward: if the money in your account is from earned income, a lump sum or a gift on which tax has been paid, you have nothing to worry...
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