Time running out for businesses to get their tax in order

If you're a business and you had some of your key staff at arm’s length via a contract in order to avoid PRSI and pension payments, you are rapidly running out of time to get your relationships in order with the tax man. That's because Friday at 5pm is the deadline for you to have declared staffers who weren’t on PAYE, paid any outstanding taxes and or sorted out some sort of payment stream with Revenue. It all stems from a key Supreme Court ruling 2 years ago and joining us to explain it all is. Sandra Brennan, EY Ireland Tax controversy Partner joined Joe Lynam on the show.