Revenue ‘cannot legally waive tax liability’
According to Aidan Clifford of the Association of Chartered and Certified Accountants, without special legislation passed by the Dáil, Revenue does not have the power to forgive any taxes, whether it is PAYE, VAT, corporation tax or household charge taxes.
“Revenue has some discretion over interest and penalties being imposed on underpayment, but not on the absolute amount of tax due.
