Revenue eBrief No. 50/2010 - Proposed Extension of Mandatory E-Filing/Payment

07 July 2010

Revenue have published a consultation document relating to the proposed extension of mandatory e-filing and payment for certain returns and tax liabilities.  The proposed arrangements will be prescribed in Regulations after the consultation process has been completed.

Revenue have invited comments on this consultation document from tax practitioners, taxpayers and other interested parties to be made by 31 August 2010 to Kevin Mulkerrins at Email: kmulkerr@revenue.ie.

To view the consultation document click here.

Background

Section 917EA TCA 1997 allows Revenue to make regulations requiring mandatory electronic filing/payment (of specified returns and tax liabilities by defined categories of persons). The first Regulations under this legislation made it mandatory for Government departments/bodies and large companies whose tax affairs are managed by Revenue's Large Cases Division (Phase 1) and other "larger companies", local authorities and semi-State bodies/agencies (Phase 2) to make certain returns and payments online.  These arrangements were introduced in 2 phases in 2009 and 2010.

Separately, legislation providing for the mandatory electronic filing of Capital Acquisitions Tax returns where reliefs and exemptions other than the small gift exemption are being claimed was included in the Finance Act 2010.

New Proposals

It is now proposed to extend mandatory e-filing and payment arrangements, in 3 further annual phases up to 2013, to certain other taxpayers who are obliged to file returns.  Details of the specified returns/payments and categories of taxpayer impacted under each phase is outlined in the consultation document.

Also, as part of these changes, Revenue state that it is intended that paper Forms 11/12 (Income Tax) and CG1 (Capital Gains Tax) will be greatly simplified and shortened.

Revenue also advise that provision will be made to exclude those with genuine capacity difficulties in relation to on-line filing and payment.


 

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