Occurs where Revenue have not already engaged in any detailed examination of a taxpayer/issue.
When notified, a taxpayer can:
Occurs once a risk is identified by Revenue.
All notifications issued from 1 May 2022 will include a reference to their categorisation as Level 1, Level 2 or Level 3. It is important to note that the levels are not considered as a sequence of actions – Revenue may initiate an intervention at any level without any prior intervention at a lower level, although an intervention at a lower level may lead to a higher-level intervention.
Other significant changes:
Any compliance intervention that commenced on or before 1 May 2022 will continue to apply the code of practice that was applicable at that time.