Tax audits by Revenue likely to rise
Speaking at a seminar in Cork yesterday, on Tax Audit hosted by McAvoy & Associates and Ulster Bank, Dara Burke, tax director of McAvoy & Associates, told an audience of professional accountants that, in the light of the 2009 deficit, it is highly likely the number of tax audits will increase.
Ms Burke said the yield from tax audits last year amounted to less than 2% of the total tax yield and that, in light of the current economic circumstances, it would be surprising if Revenue were not to take steps to try and increase this.
