When are penalties payable to Revenue?

Tax-geared penalties

Penalties for deliberate or careless behaviour can arise if you:

  • deliberately or carelessly furnish an incorrect return
  • make an incorrect claim or declaration
  • or
  • fail to file a return due.

The penalties applied are based on the difference between:

  • the amount of tax paid or claimed if any
  • and
  • the amount properly payable or refundable.

Where a tax geared penalty is incurred by a body of persons such as:

  • a company
  • or
  • society

the secretary may be liable to a separate penalty of €1,500 or €3,000 in the case of deliberate behaviour.

Further guidance contains more detailed information on Revenue’s Code of Practice and Compliance.

Next: Fixed penalties