Tax

Tom Maguire: Expression of Doubt can surely help with your tax uncertainty

Our tax rules can be complicated, but if you are genuinely unsure about your liability, there is a legitimate way to let Revenue know

An Expression of Doubt is to indicate a genuine doubt about the treatment for tax purposes of anything in your returnrn. Picture: Getty

Regular readers of this column will know my view that simplicity eats complexity for breakfast when it comes to investment. That’s especially the case when it comes to understanding a nation’s tax code in that it should be made as simple as possible but no simpler. But there are times when this isn’t the case, either through necessity or otherwise, so doubts can arise regarding the interpretation of tax law. To give you an example, ...