Estimate your late filing surcharge or late payment interest. Based on current Revenue rates under TCA 1997.
Revenue penalties can be reduced through voluntary disclosure or appealed to the Tax Appeals Commission. Speak to D’Emilia Accounting before paying or responding to Revenue — the timing determines your options.
Triggered automatically when you file a tax return after the statutory deadline. The rate is 10% for the first 2 months of delay and rises to 20% thereafter. The surcharge is capped at €63,493 regardless of how large the tax owed is.
Revenue charges 0.0219% per day on unpaid tax from the date it was due. There is no cap — interest accrues every day until payment. On €20,000 unpaid for one year, interest alone is approximately €1,599.
The maximum civil penalty is 100% of the tax understated — meaning Revenue doubles what you owe. This applies where Revenue can prove that the non-compliance was deliberate, not accidental. A voluntary disclosure before a Revenue audit can reduce this to as low as 10%.
| Penalty type | Rate | Cap |
|---|---|---|
| Late filing — ≤2 months | 10% of tax | €63,493 |
| Late filing — >2 months | 20% of tax | €63,493 |
| Late payment interest | 0.0219%/day (~8%/yr) | None |
| Non-disclosure (prompted VD) | 10% | None |
| Non-disclosure (unprompted VD) | 30% | None |
| Non-disclosure (no VD) | Up to 75% | None |
| Deliberate non-disclosure | Up to 100% | None |
Disclaimer: Estimate only. Not tax or legal advice. Verify at revenue.ie.
Our accountants can review your situation, prepare a voluntary disclosure, or represent you through the Tax Appeals Commission process — reducing or eliminating your penalty.