Level 2 Compliance Intervention- Risk Review : VAT from Nov 2022 to April 2023

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Nenagh52

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Letter arrived this morning, having responded to the Level 1 via ROS.
Background is wrong VIES/VAT returns
Payments to US made outside the EU limited registration
As not VAT was due on Intra EU movements the VAT 3 returns were wrong also.
.
Small company: 15,000 turnover since March 2021
Software company with all the work done in Spain/Italy
No employee/ directors pay etc
No issue with the paperwork: c. 15 transactions: all is one tab in a spreadsheet
9 bank statements/ 4 sales invoices/ 7 purchase invoices
Paid 49 euro in CT last year, will be a bit less this year.
Any thoughts on what to expect?
Will the session stick to this company or can they scope creep to my personal tax/ my partners tax/ my close company/ etc.
Anything I need to read beforehand?
Can they access all my computers/phones/iPads etc?
As well as the hardcopy they have requested, I intend having it all on a laptop, including access to ROS
Do I need to have a plate showing company is registered this address for is that just for Company Law?
Thanks as always
 
Last edited:
Maybe ask your accountant?

As you do not seem to understand the VAT rules, you do have an accountant?
 
Thank you for your reply.
Before posting, I read the rules clearly, so my post is very explicit about what I need to know here:
ie: What happens in a Level 2 intervention when the Revenue arrive at the registered office?

If I wanted to know did I need an accountant, in compelling with the rules I would have asked the appropriate question.
 
Nenagh52 said:
Thank you for your reply.
Before posting, I read the rules clearly, so my post is very explicit about what I need to know here:
ie: What happens in a Level 2 intervention when the Revenue arrive at the registered office?

If I wanted to know did I need an accountant, in compelling with the rules I would have asked the appropriate question.
Click to expand...
You are asking for free advice be nice.

Have your paper work in order when Revenue arrive. Offer tea and small talk for 15 minutes, then leave.

If as a result of their visit they have any questions, let them forward them to you. Whatever about minor clarifications, try not to get involved in any explanations without the opportunity to take the time needed to give proper consideration to your replies.
 
Thanks guys, so they came today.
I met them on my own.
Courteous and professional
All went well, no issue with any of my paperwork, filing mistakes are not material.
.
As the amounts involved are so small, they will consider two options.
Cease Vat registration
Cease CT registration in Ireland and move it to Spanish tax jurisdiction as most of the business is done there and elsewhere in Europe.
CRO end can be kept here as can the bank account.
Thanks again
 
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