Michael McGrath (Cork South Central, Fianna Fail)
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43. To ask the Minister for Finance the number of revenue audits undertaken by the Revenue Commissioners in each of the years since 2016; the amount of additional tax liability, interest and penalties notified by way of assessment to the taxpayer as a result; the amount of extra tax, interest and penalties collected by profession, trade and sector in tabular form; and if he will make a statement on the matter. [27280/19]

Paschal Donohoe (Dublin Central, Fine Gael)
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I am advised by Revenue that its intervention options range from light touch Aspect Queries through to Investigations for cases of suspected serious tax and duty evasion. The intervention type used in any case is dependent on the level of risk identified and the taxpayer behaviour involved. Full details of Revenue’s suite of compliance interventions are set out in Chapter 2 of the Code of Practice for Revenue Audit and other Compliance Interventions, which is included for the Deputy’s information.

Table 1 below provides an overview of completed audits and investigations for the years 2016 to 2018, including the additional yield involved. Yield includes tax, interest and penalties as well as amounts referred for debt collection/enforcement action (Sheriff, Court Action, Attachment). Table 2 below provides a summary of the sectors that were audited/investigated in the relevant years, presented in alphabetical order.

Table 1. Audit and Investigation Activity

Table 2: Summary of Selected Sectors

In addition, Revenue carried out 270,617 lighter touch Aspect Queries and Profile Interviews over the course of 2016, 2017 and 2018, which yielded €274 million, €267 million and €298 million respectively.