The Gazette 1988

SEPTEMBER 1988

GAZETTE

Philips Pocket Memo Your Electronic Notebook

I refer to your letter of 16 June, 1988, conce r n i ng VAT visits. This may be an oppo r t une occas i on to put on record for the information of t he Society and its membe rs t he general policy in relation to these visits. For normal visits involving an examination of business records, the usual notice is approximately t w o weeks. In cases whe re t he re- gistered person fails repeatedly to co-operate by being on hand to pro- duce t he records and answer ques- tions, t he Inspector reserves t he right to call w i t h o ut notice. Persons w h o apply for registra- t i on can expect a visit f r om an Inspector to verify t he accuracy and authenticity of their application for registration. In these cases in- spec t i on of records does not arise (in many cases records do not exist) and t he purpose of t he visit is merely to verify t hat t he taxable person exists and to obtain some b a s ic i n f o r m a t i on a b o u t t h e business. It is not cons i de r ed necessary to give t w o weeks notice of such calls and in any event to do so could give rise to undue delay in cases where registration is required urgently. Visits are also made to cross c h e ck invoices issued by one taxable person to another. These chec ks usually involve only one or t w o invoices and t hey normally take approximately fifteen minutes. It is not possible to give notice of these calls since t he chec ks relate t o the au t hen t i c i ty of t he invoice(s) issued by t he first taxable person. On arrival t he Inspector should indicate t hat she/he w i s hes to verify a limited number of invoices and is not carrying out a comp r e- hensive check of business records. If such a call is made at an incon- venient time, Inspectors are under i ns t r uc t i ons to make an appoint- ment if requested to do so by t he taxpayer. In these cases the oppor- tunity is usually taken at the agreed date t o carry out a full audit of t he business so t hat visiting resources are used efficiently. I hope t hat this explains bo th t he general position as well as t he bac kg r ound to t he particular case wh i ch you brought to my notice.

When you consider that you speak 7 x faster than you write, you'll see immediately the benefits of using a Philips Pocket Memo as an electronic notebook. It's the quickest way to make notes, record ideas and handle your correspondence. And it can be used anywhere. Philips - The Dictation Specialist For further information send us your business card or contact PHILIPS BUSINESS SYSTEMS Newstead.Clonskeagh,Dublin 14.Tel.693355.

PHILIPS

PHILIPS

Yours sincerely, D. J. THORNHILL, Ass i s t ant Secretary, VAT & Capital Taxes.

2 24