Mandatory Electronic Filing and Payment
As covered in previous issues of tax.point, the next phase of mandatory electronic filing and payment, phase 3, will be implemented in two stages; the first stage of phase 3 will commence on 1 June 2011 and the second stage is expected to apply from 1 October 2011. We understand that Revenue is currently writing to all cases encompassed by stage 1 of phase 3 to notify them of their obligations and the steps needed to be taken in order to ensure compliance with electronic filing and payment. Agents will also receive a copy of the letter which issued to their clients.