Section 23A Security to be given by certain taxable persons

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Amendments

Section 23A inserted by Finance Act 1992 section 186 from 28 May 1992.

(1) The Revenue Commissioners may, where it appears requisite to them to do so for the protection of the revenue, require [an accountable person]¹, as a condition of his supplying goods or services under a taxable supply, to give security, or further security, of such amount and in such manner and form as they may determine, for the payment of any tax which is, or may become, due from him from the date of service on him of a notice in writing to that effect.

Amendments

1 Substituted by Finance Act 2008 section 109 and Schedule 4 from 1 July 2008.

Can Revenue require me to provide security against VAT liability?

(1) Revenue may, as a condition of allowing VAT registration, request you to provide security against VAT which you owe or may owe from the date of the security request notice.

(2) Where notice is served on a person in accordance with subsection (1) the person may, on giving notice to the Revenue Commissioners within the period of twenty-one days from the date of the service of the notice, appeal the requirement of giving any security under subsection (1) to the Appeal Commissioners.

Can I appeal a request for security?

(2) Yes. As the recipient of the request, you may appeal against the requirement to provide security within 21 days of receipt of the notice....

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