Have you been notified that your business has been selected for a Revenue audit? Not sure how to prepare for an audit? Speak to Farrell Accounting as soon as possible.
We understand the stress of preparing for a revenue audit, therefore we offer a full revenue audit preparation service that ensures your paperwork is in order.
Our full revenue service delves into your bookkeeping and accounting records to verify they are compliant with the most up to date revenue rules and regulations.
Our revenue service helps to compile the right documentation in the right format, clearly showing that your business is a organised, competent and revenue compliant company.
Revenue Audits FAQ
What is a Revenue audit?A revenue audit is where tax returns are compared with tax records to ensure that a business has been paying the appropriate amount of tax.
What has my business been chosen for a revenue audit?There are usually three reasons why revenue may have selected your business for an audit
- After your tax retunes are screened, they may have identified a trend they would like to investigate
- Revenue might be focusing on a particular business sector, trade or profession that your business may be a part of
- Sometimes a business is selected completely at random