Compulsory change to how you pay tax

With effect from 1 June 2011, new tax *regulations come into effect which will apply to partnerships, limited companies and certain individuals.


The new regulations will mean that specified taxpayers must now use the Revenue Online Service (ROS) in order to electronically submit tax returns and tax payments.


In the case of a client who has requested that we deal with their tax returns, no further action will be required as we are already using Revenue Online Service (ROS).


However, if you still attend to certain tax returns, for example relating to VAT, PAYE/PRSI or RCT, it will be necessary to implement relevant procedures in order to ensure that you will be able to file tax returns and make tax payments electronically in accordance with the new regulations.

It should be noted that there is a penalty of €1,520 for each instance of a taxpayer not making an electronic payment or filing a return under Section 917EA(7) of the Taxes Consolidation Act 1997.


* Tax Returns and Payments (Mandatory electronic filing and payment of tax) Regulations 2011



If you would like help or guidance in relation to the new regulations, please contact a member of our professional Team on +353 74 912 2820 or email us at:


Disclaimer information:

The information contained in this update may be subject to change and accordingly is not a substitute for professional advice or services, nor should it be used as a basis for any decision or action that may affect your finances or your business. Before making any decision or taking any action that may affect your finances or your business, you should consult a qualified professional advisor. This firm shall not be responsible for any loss whatsoever sustained by any person who relies on this update.