VAT Return of Trader Details (RTD)

revenue1Revenue have advised that a substantial redevelopment of the current RTD filing system will be delivered in a number of stages, commencing in the period late-2013 to early-2014. The proposed changes to the RTD will include a simplified RTD format in ROS, while the paper-based RTD filing option which is currently available for a very limited number of approved VAT traders will cease.

As part of the RTD redevelopment process, a number of measures will also be implemented to ensure compliance with statutory filing obligations through the tax repayment and tax clearance systems. Agents and their clients are advised that the first of these compliance measures will be implemented by Revenue Districts commencing on 1 September 2013. From that date, in accordance with S. 960H (2)(b) Taxes Consolidation Act 1997, taxpayers who are seeking repayments or refunds of tax may be requested by their local Revenue District to submit outstanding RTD forms in order for such repayments or refunds to issue. Revenue eBrief No. 31/13.