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

Revenue to target White Collar activity

At an Audit Subcommittee meeting of the Tax Administration Liaison Committee, Revenue set out its current priorities for compliance interventions, including the targeting of white collar non-compliance.

According to Revenue, it will continue its focus on shadow economy activity including the targeting of ‘white collar’ non-compliance and the use of third party data to detect non-compliance. Tax compliance in the construction sector also remains a focus for Revenue and in particular the VAT reverse charge as it applies in that sector. Another focus is determining the correct status – employed or self-employed – of individuals.

Revenue highlighted a facility on its website (go to www.revenue.ieBusiness & Self-Assessment – Shadow-economy/reporting) through which reports of tax evasion/shadow economy activity may be made.