Revenue Investigations & Audits

Revenue audits and investigations are now an integral part of the tax system.  For business owners and managers, it is vital to get expert advice and assistance before, during and after a Revenue audit or investigation.

At RSM Farrell Grant Sparks, we have vast experience of advising clients how to deal with tax audits, investigations and related enquiries.

Our expertise covers all areas of taxation, including:

• Income Tax
• Corporation Tax
• VAT
• PAYE & PRSI
• Capital Gains Tax
• Capital Acquisitions Tax

Increased Revenue powers

The powers of the tax authorities in Ireland have been expanded significantly and have become more onerous and complex. Penalties for non-compliance with the tax code also have increased substantially.

We guide you through the requirements in this increasingly complex area to ensure your tax compliance.

Revenue audit and investigation services

At RSM Farrell Grant Sparks, our services include:

• Advice on Revenue audits
• Pre-audit and tax health checks
• Liaising with the tax authorities during audits and enquiries
• Negotiating settlements where necessary

Sectoral issues

• Property – there have been major legislative changes in property related taxes, which can result in unexpected tax costs
• Retail, leisure, entertainment, charities – failure to meet VAT rules can result in large tax settlements
• International or larger entities – VAT and transfer pricing tend to attract significant focus from Revenue
• Medical profession – Revenue‘s recent focus has been on the distinction between employees and self-employed, with payments to locums receiving particular focus.

RSM Farrell Grant Sparks offers a service that is well designed to respond efficiently to the tax authorities, in order to minimise the costs associated with a Revenue audit.

Related services

Read about services related to Revenue audits and investigations:

• Audit, Advisory & Assurance
• Restructuring & Insolvency