The Revenue Commissioners in Ireland have updated their guidance on the prosecution and penalty programmes for VAT non-compliance. This update provides information on the consequences for businesses that fail to comply with VAT regulations, including potential penalties and prosecution. The guidance aims to ensure that businesses are aware of their obligations and the potential consequences of non-compliance with VAT laws.
Source: charteredaccountants.ie
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
