Changes To Online Vat Filing Requirements

The Revenue Commissioners have made a couple of updates to their online vat filing process through ROS.ie There are two new fields to be completed as part of the return. Firstly, there is an option to provide details of any exceptional or unusual expenditure incurred during the period being returned. The Revenue Commissioners often query significant changes in amounts being returned, or figures that look out of the ordinary. They may even instigate a vat audit. This function allows people to notify the Revenue Commissioners in advance of anything unusual and save time for all parties concerned. Secondly, there is now a mandatory confirmation of the payable or repayable Vat for the period being returned, this is a control check to designed to minimise the instances of incorrect vat returns being filed.

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