Top tips for SMEs when dealing with Revenue
In the main, the taxman is reasonable, fair and understanding - but he doesn't like surprises, writes Patrick Sutton.
1. Taxpayer's compliance record:
A compliant taxpayer is significantly less likely to be selected for Revenue audit. Revenue can also assist you in obtaining a phased payment plan in the future, should you ever find yourself unable to pay your tax liabilities on time.
As we all know, it is a legal requirement that tax returns are accurate. The penalties for false returns are severe and can include prison sentences in some cases. If you find...
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