What is a VAT assessment?
Revenue may issue an assessment for Value-Added Tax (VAT) where we have reason to believe that you have:
- not paid the correct amount of VAT
- claimed too much VAT and received this amount.
A formal notice will issue to you setting out the amount payable. You can appeal the VAT assessment to the Tax Appeals Commissioners (TAC).
Time limit for a VAT assessment
The time limit for raising a VAT assessment is normally four years. There is no time limit in cases of fraud or neglect.