Always wondered what happens if you simply ignore the RTD. I know of more than one VAT registered trader who never returns an RTD. Revenue never seem to make an issue of it. Not like a VAT 3
Always wondered what happens if you simply ignore the RTD. I know of more than one VAT registered trader who never returns an RTD. Revenue never seem to make an issue of it. Not like a VAT 3
If you have a revenue clearance cert for doing business with state bodies they will revoke it until you file the RTD. It will take over a year and a number of reminders before this happens. Outside of this I have not heard of any consequences for not filing
I have had countless incidences of tax refunds (VAT, PREM, CT, IT) being withheld from clients as a result of non-filing of RTDs. Never seen any other consequences though