Derek Andrews of Coventure Tax Consulting is a seasoned tax consultant with over 25 years of experience in tax compliance, audits, and advisory services. Specializing in helping individuals and businesses navigate complex tax regulations, he has extensive knowledge of the Revenue Commissioners' Compliance Intervention Framework, particularly in managing Level 2 interventions such as risk reviews and audits.
Derek has successfully guided numerous clients through the process of making qualifying disclosures, mitigating penalties, and resolving tax disputes. Known for a practical and methodical approach, he is committed to educating taxpayers about their rights and obligations, while helping them minimize exposure to financial and legal risks.
In today’s interview, Derek provides invaluable insights into how to respond effectively to a Revenue audit notification and the importance of timely action in making disclosures to avoid penalties and prosecution.
Key words:
Revenue audit notification, Level 2 compliance intervention, Risk review vs audit, Revenue audit process, Qualifying disclosure, Tax audit penalties, Prompted qualifying disclosure, Revenue audit Ireland, Revenue audit penalties, Revenue risk review.
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