Revenue has published its new
Code of Practice for Revenue Compliance Interventions which will come into effect on May 1 2022 and will apply to all compliance interventions notified on or after that date.
This Code sets out details of Revenue's revised framework of compliance interventions. This framework provides for a consistent, graduated response to taxpayer compliance behaviour ranging from easily accessible opportunities to voluntarily correct errors up to criminal investigation for serious cases of fraud or evasion.
The revised Code is being published at this time to facilitate preparation for the changes. The existing
Code of Practice for Revenue Audits and other Compliance Interventions will continue to apply to all interventions currently open and any further interventions notified prior to 1 May 2022.
CCAB-I, has been engaging with Revenue for several months in relation to the Code and will continue to do so, particularly in relation to the volume and type of interventions that are expected to issue under the new Code.