Revenue has updated their VAT manual to include guidance on two new VAT provisions introduced into the Value Added Tax Consolidation Act 2010 by Finance (No. 2) Act 2013; section 108A which provides for the issue of a notice to an accountable person requiring additional information in relation to his or her taxable supplies, and section 62A which deals with the adjustment of tax deductible in relation to unpaid consideration.

Section 108A of the Value Added Tax Consolidation Act 2010 (VATCA 2010) provides that Revenue may, in order to prevent and detect tax evasion, serve notice on an accountable person requiring them to furnish specified information, explanations or particulars in relation to taxable supplies made during a specified period. Details are available in Chapter 16 of the Revenue VAT manual.

Section 62A VATCA 2010 provides for an adjustment of the amount of VAT deductible where a person, who has made a deduction of VAT in a taxable period, has not paid the supplier for the related goods or services within six months of the end of that taxable period. Further details are set out in Chapter 12 of the Revenue VAT manual.