Taxes Consolidation Act 1997 section 531AAK

Returns and payments by chargeable persons

Section 531AAK sets out the obligations on chargeable persons to file returns, make self-assessments and remit payments of the defective concrete products levy.

• A chargeable person must file a self-assessed return and pay all levy due within 23 days of the end of each accounting period.
• The return must include the total open market value of concrete products supplied, the levy due, details of ready-to-pour concrete supplies covered by declarations, and the number of specified persons who made such declarations.
• A return must be filed for every accounting period, even where no levy is due, and must be submitted electronically in a Revenue-prescribed form.
• A chargeable person who fails to file a return is liable to a penalty of up to €4,000 for each failure.