Conversations
Navigating Revenue Compliance Interventions
Key Insights and Best Practices
In this insightful discussion, Warren & Partners explore the increasing prevalence of revenue engagements and compliance interventions, particularly in the post-pandemic landscape. The video highlights practical steps to take when receiving a compliance intervention letter, emphasising the importance of remaining calm, understanding the specifics of the matter and the level of intervention involved.
Key topics include:
- The three levels of compliance intervention outlined in Revenue’s 2022 Code of Practice.
- Proactive strategies for addressing compliance queries, from pre-audit reviews to voluntary disclosures.
- Managing mistakes on tax returns, penalties, and interest.
- How Warren & Partners supports clients and accountants with complex interventions.
Highlights
Explore the key points from this conversation through a selection of highlight snippets below. These brief clips distil the essential messages, offering quick and valuable insights at a glance.
1. Level of intervention
2. Disclosure
3. Payment plan
4. Summary_key tips
