Revenue are claiming that timely filing and payment compliance rates by large and medium case taxpayers continues strong at 99 per cent and at 97 per cent respectively according to the Revenue’s 2015 headline results. The number of taxpayers across the main taxes is up on 2014.

The results also highlight the level of Revenue’s compliance activity during the year; over 460,000 compliance interventions were carried out yielding €642.5 million. Around 35,300 special investigations took place and 27 prosecutions. There were over 38,000 payment enforcement actions yielding €223.2 million.

The number of payment instalment arrangements between taxpayers and the Collector General dropped slightly to 8,494 with a debt value of €97 million.

The cost of running Revenue was over €400 million for 2015.

Commenting on the results, the Revenue chairman said that “core to Revenue’s approach in 2016 will be the provision of quality services to help people be timely compliant in parallel with the use of modern risk assessment and analytical techniques to identify, confront and disrupt tax evasion, fraud, and avoidance.” The chairman goes on to say that “this will be underpinned by further investment in our staff so that we have the necessary expertise, professionalism and skills to deliver and support tax compliance.”

The 2015 headline results including the Revenue press statement are published on the Revenue website. For comparison the 2014 headline results are also available from the Revenue website www.revenue.ie.