I am advised that as part of its compliance programme, Revenue undertakes compliance projects to satisfy itself to the accuracy or otherwise of returns filed by qualifying companies having regard to the requirements set out in section 110 of the Taxes Consolidation Act. In 2024, 209 compliance interventions were completed on qualifying companies and in 2025, 155 compliance interventions were completed. The total yield arising from the compliance interventions completed in 2024 and 2025 is €14.01 million. The yield amount includes tax, interest, penalties and the tax value of losses restricted.
I am advised the Revenue systems used to record and classify compliance interventions have evolved progressively throughout the years. As a result, the data is not directly comparable on a year by year basis. With this caveat, the number of appraisals and compliance interventions completed on qualifying companies from 2016 to 2023 is set out in tabular format below.
|
Year
|
Number of Appraisals Completed*
|
Number of Compliance Interventions Completed
|
|
2016
|
549
|
350
|
|
2017
|
660
|
211
|
|
2018
|
892
|
297
|
|
2019
|
848
|
416
|
|
2020
|
792
|
134
|
|
2021
|
1000
|
69
|
|
2022
|
1019
|
81
|
|
2023
|
952
|
172
|
*In advance of a case going to intervention, Revenue first carries out an appraisal where it considers whether risk exists in the case, and if so the level of tax risk.