Chartered Accountants Tax News - 6th November 2009

Fri, Nov 6, 2009

As previously covered in eNews, following discussions through the TALC process, Revenue advised that they were implementing a revised processing approach to improve the turnaround time on tax refund claims. Following this, Revenue has announced in eBrief No. 77/09 that changes have been implemented to internal procedures for refunds of the Income Tax, Corporation Tax, and Capital Gains Tax, which has resulted in refunds issuing in a shorter timeframe.

Revenue also advises that where taxpayers wish a refund to be offset against a liability they should notify their local Revenue office before submitting the return. Taxpayers who file on ROS can tick the box provided on the return indicating a refund due.

 

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