530M Late Returns and amendments

Summary

Section 530M provides for the making of a late monthly or quarterly return or the amending of a return and that a principal who makes or amends a return after the due date for the period concerned shall be liable to a surcharge of €100. However, no amendment is allowed after the due date to the details of any payment for which a deduction authorisation was issued by the Revenue Commissioners (i.e. a principal may only make such amendments before the due date). The section also includes provision for the making of regulations governing the making of a late return or the amending of a return.

Details

(1) Notwithstanding the requirement for a principal to submit a return by the due date -

(1)(a) A principal may submit a late return.

(1)(b) Amend a return after the making of a return or a deemed return. However, no amendment may be made to any payment for which a deduction authorisation issued, and no amendment may be made to a return where a Revenue audit or investigation has commenced for the period covered by the return.

(2) Where a principal files a late or amended return, the amount of tax specified on the return shall be due and payable and the principal shall be liable for a surcharge of €100.

(3) The Revenue Commissioners shall issue a notice to the principal of the total tax and surcharge due for the relevant return period or periods.

(4) Where enforcement action has been commenced for the recovery of tax specified on a return or deemed return made under section 530K, this section shall not apply until that action has been completed unless the Revenue Commissioners otherwise direct.

(5) The Revenue Commissioners may make regulations for the purpose of this section and those regulations may include details regarding the submission of returns under this section any other related matters.

Relevant Date: Finance Act 2025