TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

1.09 Tax Refunds

Following discussions through the TALC process, Revenue advised that they were implementing a revised processing approach to improve the turnaround time on tax refund claims. Following this, Revenue has announced in eBrief No. 77/09 that changes have been implemented to internal procedures for refunds of Income Tax, Corporation Tax, and Capital Gains Tax, which has resulted in refunds issuing in a shorter timeframe.

Revenue also advises that where taxpayers wish a refund to be offset against a liability they should notify their local Revenue office before submitting the return.