Amendment to finance bill 'unfair', says ICAI

The Institute of Chartered Accountants in Ireland (ICAI) has described an amendment introduced by the Minister for Finance to the Finance Bill at committee stage as 'unfair'.

The Institute said that the amendments to the 1997 Consolidation Act effectively penalise anybody who makes any kind of mistake in a tax return to the Revenue Commissioners. The report stage is due to be debated in the Dáil next Wednesday.