Following a recent court case the Revenue won, they now have the power to investigate 6 years worth of returns unless you tell them that you think that s660 applies to you but you've ignored that. The guidance says:
Turkeys voting for Xmas?
The guidance on discovery is that taxpayers should enter in the Additional Information space comments to the effect that they have not followed the Revenue guidance in respect of section 660A. As indicated above, protection can be achieved by noting that 'Revenue guidance indicates that s 660A may apply. No adjustment has been made
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