Why you might be selected for a Revenue Audit?

Revenue has a few different ways of choosing who to audit here are some instances that may apply:

The Risk, Evaluation, Analysis and Profiling system (REAP)

REAP is a Revenue system that uses Revenue data as well as third-party information to spot when something doesn’t follow typical patterns or trends and might therefore need investigating.
One example might be if your business has a gross profit margin that is way outside the norm for your sector.
Screening in this way is the most common method of selecting a business or taxpayer for audit.

Special Projects

Another way businesses can be selected for audit is when they come within the scope of a special project, where by Revenue will focus on a particular business sector, trade, or profession.
They will often pick a sector where non-compliance is high, as this allows them to maximise their results.


Random Selection

small number of audit cases are selected randomly each year. Any business could theoretically be investigated, not just those that have potentially done      something wrong.


Where Revenue has found non-compliance in the past, it is likely to re-audit the company at a later date to make sure that lessons have been learned.