As you may be aware, from 1 January 2010, the Revenue have extended the mandatory online filing requirements to include "large companies." Initially "large companies" were to be identified as those not qualifying for audit exemption. However, the Revenue have now clarified that the mandatory online filing requirements are for companies with:
- Turnover greater than €7.3m and
- Number of employees greater than 50
Therefore, companies meeting these conditions must pay and file all tax returns online including VAT, PAYE/PRSI and Corporation Tax. If you have any queries, please do not hesitate to contact us.