asked the Minister for Finance the present position of a person (details supplied) in Dublin 1 regarding his income tax for 1981, as previously an arrangement had been agreed and finalised and he believed he had met all the requirements.
Written Answers. - Income Tax Assessment.
140.
The Revenue Commissioners have advised me that the taxpayer's liabilities to income tax in respect of his profits as a grocer had been determined by the inspector of taxes for the years 1976-77 to 1980-81 on the basis of accounts submitted. However, information subsequently became available to the inspector which suggested that the taxpayer's trading profits had been understated in thoseaccounts and, consequently, additional assessments would be required for the relevant years. As the Deputy is aware notice of an additional assessment for 1980-81 was issued to the taxpayer on 12 June 1986. Notices of additional assessments for the earlier years will be issued to the taxpayer as soon as possible.
If the taxpayer is aggrieved by any of these assessments it is open to him to give notice of appeal to the inspector of taxes within the statutory time limit of 30 days from the date of each relevant notice, in which event his case will be listed for hearing before the appeal commissioners at the earliest opportunity.