When are penalties payable to Revenue?

Penalties for incorrect VAT records

A penalty can apply if you produce, furnish, give, send, or otherwise make use of any incorrect:

  • invoice
  • registration number
  • credit note
  • debit note
  • receipt
  • account
  • voucher
  • bank statement
  • estimate
  • statement
  • information book
  • document
  • record.

A penalty of €3,000 may apply for careless behaviour or €5,000 for deliberate behaviour.

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