Extension of eRepayment Facility

As part of the strategy to establish the use of electronic channels as the normal way of conducting business, Revenue has increased the number of taxes and duties that can be repaid electronically to a customer’s nominated bank account.

Effective from Monday 26th November 2012, repayments for the following will be processed electronically to customer nominated bank accounts:

• Income Tax
• Relevant Contracts Tax (RCT)
• Employer’s PAYE/PRSI (PREM)
• Capital Gains Tax (CGT)
• Customs & Excise (C&E)
• VRT
• Excise Licences

This enhances the eRepayment facilities already available for a wide range of taxes and duties: VAT, Corporation Tax, Stamp Duty, CAT and PAYE.

Provision of Bank Account Details

Taxpayers and their Agents can input details of the bank account to be used for the receipt of repayments in ROS (with the exception of Excise Licences and Stamp Duty) using the new Payment Details facility on the redesigned My Services and Agent Services screens.

Separate bank account details can be input for each individual tax registration, or one bank account can be used for all or a combination of tax registrations. Once input, bank account details can be amended or deleted as necessary.

Use of eRepayment Facility

Revenue advises that insofar as repayment processing is concerned, priority will now be given to eRepayment as the preferred method for all repayment claims.

In this regard, customers and practitioners are strongly advised to use the eRepayment facility when making a claim for a repayment to ensure that it issues in a faster, more secure and efficient manner.