TaxBrief - Tax Group Briefing (Notice of Assessment), December 2008
03.12.2008
Receiving a Notice of Assessment from the Revenue Commissioners can be a stressful and daunting experience. There is a relatively tight timeline of 30 days (not business days) from the date of issue of the Notice of Assessment within which a Notice of Appeal must be filed. If the Notice of Assessment is not appealed within the statutory time limit, it becomes “final and conclusive” and there are only limited circumstances in which it can be appealed, therefore, it is important to deal with any Notice of Assessment promptly when you receive it.
With the Government raising less revenue through tax than before, we expect the Revenue Commissioners to actively pursue more tax cases. Taxpayers may also be more willing in these times to dispute an assessment to reduce their tax costs. This will probably result in more tax disputes being litigated than previously.
