What to do if you are notified of a Revenue Audit? 

• Engage a tax consultant
• Review books and records
• Agree any underpaid tax amounts
• Agree approach to take with Revenue

Areas of focus for Revenue during an audit –

• How PAYE / PRSI is calculated
• Business expenses claimed by owners
• Expenses claims by employees
• Application of benefit in kind
• Mileage, motor, travel and subsistence
• The operation of VAT
• Using incorrect VAT rates
• Reclaiming VAT on costs which are specifically precluded
• Lifestyle checks re business income generated
• Subcontractors tax in the construction industry

We do a lot of work in this area and are happy to help with your Revenue Audit.
We can also review your affairs in case you are selected for an audit.