894A Returns by third parties in relation to personal reliefs.

Summary

This section enables Revenue will seek to obtain, on a voluntary basis, information from third parties that is relevant to the granting of tax reliefs to taxpayers. Where on the basis of the information obtained, Revenue are satisfied as to the entitlement of a taxpayer to a relief then they may, if it is considered appropriate (for example, where the taxpayer has not already claimed the relief), grant the relief to the taxpayer without the need for a formal claim.

Details

The terms PPS number and personal reliefs are defined

(1) (2) Where a person is in possession of information concerning expenditure defrayed by an individual that is relevant to establishing the title of that individual to a personal relief, or the amount of such a relief, that person may, notwithstanding anything contained in any other enactment or any obligation to maintain secrecy or other restriction on the disclosure of information, furnish details regarding the amount of such expenditure to the Revenue Commissioners if requested by them to do so.

(3) The information furnished is to be in an electronic format and contain the name, address and, if known, the PPSN of the taxpayer concerned.

(4) A person intending to make a return of information under the section has the right to ask the taxpayer for his/her PPSN if necessary but must explain to the taxpayer the reason for requesting the number

(5) Information furnished to Revenue under the section is to be used for the purpose of establishing the entitlement of a taxpayer to tax relief and for no other purpose; this is notwithstanding section 872 which enables information obtained by Revenue in relation to one tax to be used by it in connection with another tax.

(6) The powers and functions conferred on the Revenue Commissioners under the section make be exercised by any of their officers acting under their authority

Relevant Date: Finance Act 2021