Value Added Tax Consolidation Act 2010 section 113

Time limits

Section 113 sets out the time limits within which Revenue may raise VAT estimates or assessments, and the time limits for commencing proceedings to recover VAT penalties.

• A VAT estimate or assessment must be made within four years after the end of the taxable period to which it relates, but there is no time limit where fraud or neglect has occurred.
• A taxpayer who remedies an innocent error without unreasonable delay after the excuse has ceased is not treated as having been negligent.
• Where a person has died, an estimate or assessment for unpaid VAT may be made on the personal representative within specified time limits linked to the grant of probate or letters of administration.
• Proceedings to recover a VAT penalty must generally be commenced within six years after the date on which the penalty was incurred.