Value Added Tax Consolidation Act 2010 section 77

Authorisations in relation to filing dates

Section 77 provides for authorisations allowing certain accountable persons to file VAT returns less frequently than the standard bi-monthly basis, on a quarterly, six-monthly, or annual cycle.

• Revenue may authorise a trader to file VAT returns on a quarterly, six-monthly, or annual basis instead of the normal bi-monthly cycle, provided the trader has been VAT-compliant for at least 12 months and Revenue is satisfied there will be no loss of tax.
• The annual return must be filed and VAT paid within 9 days after the 10th of the month following the accounting period (i.e. by the 19th), and Revenue may impose conditions such as interim payments or monthly direct debits to cover the estimated annual liability.
• Revenue may cancel an authorisation by written notice where it believes there is a risk of tax loss, the trader supplied incorrect information, or the trader has failed to comply with filing or payment obligations.
• An authorisation is automatically deemed cancelled if the trader ceases to trade, goes into liquidation, ceases to be an accountable person, dies, or becomes bankrupt, and the trader or personal representative must then file any outstanding returns within the required timeframe.