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The Mini One Stop Shop (MOSS) was introduced in 2015 for the payment of VAT on telecommunications, broadcasting and electronic services. It was a voluntary scheme which traders could register for to avoid the requirement to register for VAT in each relevant member state. In 2021, Revenue collected €3 billion on behalf of other member states via the VAT MOSS scheme. Up to 2019, member states were permitted to retain a portion of the tax collected under the union scheme on behalf of other member states. Revenue retained just over €812 million in this regard.

The Exchequer control process is designed to ensure that funds issued by the Central Bank from the Central Fund are in accordance with the law. This report, prepared in accordance with the provisions of Section 2 of the Comptroller and Auditor General (Amendment) Act 1993, details an occurrence whereby there was a failure in this respect on 28 October 2022 when the Central Bank issued to the Minister €738 million more than the amount of credit that was available to him at the time.

This chapter examines cases identified during the audit of appropriation accounts for 2021 where substantial reallocation between subheads of voted funding occurred. In this regard the procedures set out in Public Financial Procedures did not appear to have been complied with.

The chapter reviews progress by the Department of Public Expenditure and Reform in identifying State bodies that are required to make employer pension contributions to the Exchequer in respect of Single Scheme employees as provided for in Circular 28/2016.

This report summarises the transactions on the Central Fund and highlights some key trends. Because the Finance Accounts do not inlcude a balance sheet, the summary position in relation to key assets and liabilities, including the national debt, is also set out.

Revenues from taxation and other charges represent the primary source of State funding. However, the State has borrowed substantially to supplement its income from those sources. This Chapter outlines the trend and composition of the government debt and the cost of debt service.

Revenues from taxation and other charges represent the primary source of State funding. However, the State has borrowed substantially to supplement its income from those sources. This Chapter outlines the trend and composition of the government debt and the cost of debt service.

This chapter looked at the results of the interventions carried out by Revenue and reviewed a sample of closed cases to ascertain if a standard audit approach was being applied and it considered whether there was a clear recorded basis for the settlements reached in the cases reviewed.

This chapter examines tobacco products tax process including the exceptional circumstances that gave rise to the decision by Revenue to defer part of a company's stamp liability.

This chapter details the financial activity of the National Treasury Management Agency for the period.