Significant increase in tax debt write-offs, according to the Comptroller and Auditor General’s 2010 Report
- Debts owing to Revenue amounted to €2.1 billion at end-March 2011;
- Tax debt write-offs increased by 72% in 2009, compared with 2008 and a further increase of 35% was recorded in 2010;
- The largest amount written off in a single case was €3.8 million.
- Most write-offs resulted from business failure or insolvency
CAT filing deadline 30th September
As previously noted, the pay and file date for CAT returns is this Friday, 30th September. Our experienced staff are available to help, even at this late stage!