Revenue interventions

Company sales and restructuring Estate planning Tax on investments and pensions
Moving to and from Ireland Revenue Interventions Employment tax

Revenue settlements and tax appeals

Revenue carries out ongoing interventions as a means of monitoring tax compliance.

KTA Tax assists clients in making qualifying disclosures to Revenue if tax has been underpaid on historic income or transactions, minimising the overall exposure to tax, interest and penalties.

In some cases, the position adopted by Revenue does not correspond with the legislative position and it is necessary to engage with Revenue to set out the correct technical position and demonstrate to Revenue that the level of tax sought by Revenue is not correct. This can sometimes lead to a settlement with Revenue.

These types of cases can often be highly technical in nature and KTA Tax’s technical expertise allows us to identify where payments should be made to Revenue. Our technical expertise also allow us to advise clients where there is a strong basis for resisting Revenue’s approach and, if necessary, take a tax appeal to the Tax Appeals Commission. KTA Tax can advise clients on the pros and cons of making payments to Revenue versus defending the position based on technical arguments, including an appraisal of the strength of technical arguments.

It is key that any Revenue intervention is reviewed at an early stage to deal appropriately with the process and minimise the exposure to tax, interest and penalties and meet various Revenue imposed timelines. If a Revenue assessment has issued there are also strict timelines around taking a tax appeal.