Taxes Consolidation Act 1997 section 530M

Late returns and amendments

Section 530M deals with the late filing or amendment of RCT returns by principals, including the associated surcharge and Revenue's regulation-making powers.

• A principal may file an RCT return after the due date or amend a previously filed (or deemed filed) return, but may not amend details of any payment covered by a deduction authorisation or amend a return where a Revenue audit or investigation has commenced for the relevant chargeable period.
• Where a principal files a late or amended return, the tax shown on that return becomes due and payable and the principal is liable to a surcharge of €100.
• Revenue must notify the principal of the total tax and surcharge due, and if enforcement action for recovery of tax on the original return is already under way, the late filing or amendment provisions do not apply until that action is completed unless Revenue directs otherwise.
• Revenue may make regulations governing how principals communicate electronically, what particulars must be included in a return, how payments and related tax liabilities are to be accurately reflected, the format of returns where an assessment is under appeal, and any other related matters.