The Tax Appeals Commissioner has found in favour of Kerry Co-op in a test case involving Kerry Co-op and Revenue, as regards the valuation of patronage shares. The case follows the issue of tax demands by Revenue to 400 farmers in late 2016. These demands related...
Read MoreRevenue have recently commenced a review on compliance with the TWSS and are contacting employers who have claimed TWSS payments. What this means for you? Revenue are asking for certain documentary evidence to establish that: The Scheme eligibility criteria is met. The correct amount of subsidy is...
Read MoreNew scheme to Warehouse VAT and PAYE (Employer) tax debts associated with the COVID-19 crisis There is a “warehousing” scheme in place for VAT and PAYE/PRSI/USC (“PREM”) liabilities. This means that, while taxpayers will still have to submit tax returns as normal, no actual payments need...
Read MoreCOVID-19 Restart Grant for Small Businesses Applications opened 22nd May 2020 The Government has announced the implementation of a new €250m Restart Grant, which will give direct grant aid to small businesses to help them with the costs associated with re-opening and re-employing workers following...
Read MoreTWS - Tax Credits Background - The Temporary Wage Subsidy (TWS) Scheme can give rise to 2 separate tax liabilities for employees: As you know, the temporary wage subsidy (TWS) payment is not subject to payroll deductions; but is taxable by review directly on the...
Read MoreTemporary Covid-19 Wage Subsidy Scheme Download here>>...
Read MoreFw: Covid-19 emergency payment form Download here: FORM...
Read MoreCOVID-19 Information for Employees and the Self-Employed To read more click the link below: https://www.gov.ie/en/publication/eca524-covid-19-information-for-employees/ ...
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