Thursday, 27 June 2019

Ceisteanna (43)

Michael McGrath

Ceist:

43. Deputy Michael McGrath asked the Minister for Finance the number of revenue audits undertaken by the Revenue Commissioners in each of the years since 2016; the amount of additional tax liability, interest and penalties notified by way of assessment to the taxpayer as a result; the amount of extra tax, interest and penalties collected by profession, trade and sector in tabular form; and if he will make a statement on the matter. [27280/19]

Amharc ar fhreagra

Freagraí scríofa (Ceist ar Finance)

I am advised by Revenue that its intervention options range from light touch Aspect Queries through to Investigations for cases of suspected serious tax and duty evasion. The intervention type used in any case is dependent on the level of risk identified and the taxpayer behaviour involved. Full details of Revenue’s suite of compliance interventions are set out in Chapter 2 of the Code of Practice for Revenue Audit and other Compliance Interventions, which is included for the Deputy’s information.

Table 1 below provides an overview of completed audits and investigations for the years 2016 to 2018, including the additional yield involved. Yield includes tax, interest and penalties as well as amounts referred for debt collection/enforcement action (Sheriff, Court Action, Attachment). Table 2 below provides a summary of the sectors that were audited/investigated in the relevant years, presented in alphabetical order.

Table 1. Audit and Investigation Activity

Intervention

Completed 2018

Yield €m

Completed 2017

Yield €m

Completed 2016

Yield €m

Comprehensive Audits/Investigations

2,696

119.5

2,978

111.2

3,703

128.4

Multi Tax/Duty Audits

648

27.8

775

28.1

735

27.7

Single Tax /Duty/ Issue/Transaction Audits

1,391

108.3

1,533

64.5

1,773

102.5

Total Audit/Investigations

4,735

255.6

5,286

203.8

6,211

258.6

Table 2: Summary of Selected Sectors

Sector

Number

2018

Yield €m

Number

2017

Yield €m

Number

2016

Yield €m

Accounting, Bookkeeping and Auditing Activities

52

2.64

63

4.39

95

2.87

Construction

556

22.87

797

29.70

1,065

27.35

Doctors

104

6.24

137

6.82

84

5.00

Legal Activities

72

1.69

59

1.67

65

3.12

Pubs

144

5.62

149

3.22

188

2.77

Rental

326

12.83

432

24.21

411

22.39

Restaurants and Fast Food Outlets

180

5.23

148

9.46

153

5.06

Retailers

382

13.99

361

13.46

501

20.79

Wholesalers

335

15.23

326

8.12

350

9.97

Other Sectors

2,584

169.26

2,814

102.75

3,299

159.28

Total

4,735

255.6

5,286

203.8

6,211

258.6

In addition, Revenue carried out 270,617 lighter touch Aspect Queries and Profile Interviews over the course of 2016, 2017 and 2018, which yielded €274 million, €267 million and €298 million respectively.