On 3 July 2014, Irish Revenue issued eBrief No. 51/14: VAT Return of Trader Details -- Introduction of automated compliance measures. The eBrief reiterates that all registered VAT traders are required to complete and send to Revenue an annual Return of Trader Details (VAT RTD), and includes the follow three key points on claims for credit repayment/refunds:
- Any claim for repayment/refund of credit under any tax-head will be withheld if there is an outstanding VAT RTD for the previous year
- A …