Taxes Consolidation Act 1997 section 909

Power to require return of property

Section 909 empowers Revenue inspectors to require a taxpayer, and in certain cases their spouse or civil partner, to deliver a statement of affairs showing all assets and liabilities as at a specified date.

• Where a person is required to deliver a tax return, an inspector may serve a written notice requiring delivery of a statement of affairs in prescribed form within a specified period (not less than 30 days)
• The statement must cover all assets and liabilities of the individual, their spouse or civil partner (if jointly assessed), and any assets of minor children acquired with the individual's resources
• Each asset must be described in full, including its location, cost and date of acquisition, insurance details, and the identity of the vendor if acquired other than at arm's length
• The statement must be signed and accompanied by a declaration that it is correct and complete to the best of the person's knowledge and belief, which Revenue may require to be made on oath