The primary objective of Revenue audits is to ensure compliance with tax and duty obligations. Revenue officers carry out such investigations in accordance with the Code of Practice for Revenue Audit.
According to Revenue, apart from randomly selected cases, audits are generally based on informed selections from the risk profiling of cases. This can include computer-assisted profiling as well as local knowledge. Audit cases may also be selected for exanimation when Revenue is carrying out a review of a sector or scheme.
We at Slattery & Partners believe a hands-on approach to dealing with Revenue queries is essential. That’s why, in most cases, we deal with these responses without unwarranted concerns being placed on our clients – to avoid any disruption to their day-to-day business.