Introduction As we have outlined in previous circulars, you will know that EWSS can continue to be claimed for Q3 and Q4, 2021, so long as (broadly speaking) turnover for 2021 is at least 30% down from turnover in 2019. Revenue have just issued guidelines for employers...
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Please see Revenue note in relation to the above, which is self-explanatory. There may be circumstances where, due to a business having anticipated there would be a further easing of restrictions on 5 July 2021, the business already made a claim for the triple restart week...
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Q3, 2021 We already knew that the EWSS will be extended until 31 December 2021. For Q3, 2021 there will be some modification to widen the eligibility criteria and maintain the current rates of wage subsidy payments. The reduced rate of Employer’s PRSI (0.5%) will continue...
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Following the announcement today (Tuesday), that the re-opening of indoor dining will not proceed as planned, pending the implementation of a system to verify vaccination or immunity, the Minister for Finance, Paschal Donohoe TD, has confirmed that businesses who remain closed or significantly restricted under...
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This new scheme is being introduced in September 2021 and is intended to support businesses that were significantly impacted throughout the COVID-19 pandemic. BRSS will be available to both affected self-employed individuals and companies who carry on a trade. It is also available to any trading...
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Important new VAT rules apply from 1st July 2021. These rules will impact on the following transactions: Intra-EU “B2C” supplies of services. Intra-EU Distance Sales of goods. Importation of goods from non-EU countries. If your business involves any of these transactions, you should read the following...
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The deadline for the final phase of the TWSS programme is Wednesday 30th June 2021, i.e., 9 days’ time. If your business claimed TWSS, it is critical that you, or your payroll agent, finalises this phase on time. Of course, most businesses will already have done...
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Revenue have recently issued updated guidance on debt warehousing as regards VAT and PAYE liabilities. You will recall that Revenue had previously issued guidance, allowing businesses to “warehouse” their VAT and PAYE liabilities at a 0% interest cost. Businesses could avail of this 0% interest cost...
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The issue of paying mileage and subsistence payments to employees is one which arises very often. We thought it would be useful to summarise these matters and to provide a reference point to many of the question you/your employees may have. This is an area fraught...
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The 9% reduced VAT rate for hospitality is to be extended until 1 September 2022. In addition, Fáilte Ireland will continue its support initiatives including through its Business Continuity Scheme or equivalent schemes. Arts: Government will consider a range of recommendations in relation to Arts and Culture,...
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