The Finance Bill 2022 was published yesterday. It will now progress through the Oireachtas and will be subject to potential amendments throughout this process. It is anticipated that it will become law in late December 2022. The Finance Bill gives effect to many of the Budget...
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Travel & Subsistence rates revised from 1 September 2022, see link: https://www.revenue.ie/en/employing-people/employee-expenses/travel-and-subsistence/civil-service-rates.aspx This area is very topical area with Revenue, therefore if you have any questions or concerns, please let a member of the team know and they can assist you. Revenue Compliance Revenue have been very accommodating during...
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Sales to UK B2B B2C Goods (Note 1) Export No Irish VAT Proof of export needed No UK VAT reg Export No Irish VAT Proof of export UK VAT reg may be necessary (Note 3) VAT 3 No T1 (0%) entry No PA1 entry No T1 (0%) entry No PA1entry RTD As normal (Note 4) As normal (Note 4) Intrastat & VIES N/A N/A Sales to UK B2B B2C Services (Note...
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Changes to Company Vehicle BIK Regime from 1st January 2023 The changes are largely driven by the Government’s Climate Action Plan 2021, which hope to lower CO2 emissions by 2030. Benefit in Kind: Company Cars from 1st January 2023 A new method, based on both business mileage...
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The Residential Tenancies Board (RTB) have recently introduced a new fee structure. From now on, charges will be levied on an annual basis. In addition, any late fees will increase on a month-by-month basis; and there does not appear to be any limit on these...
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Revenue will issue Important Information Notices shortly to taxpayers who are availing of the Debt Warehousing Scheme. Importantly, tax agents will not get a copy of these notices. It is critical therefore that you contact PSC if you need assistance in dealing with Revenue on this...
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If any type of share awards have been given by a company to employees in any year, it is now mandatory to report this to Revenue before 31 March in the following year. Therefore, if you have given any kind of share awards to employees...
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EWSS Changes Announced Further changes have been announced to help businesses that were directly impacted by the public health regulations imposed from 20 December 2021 to 22 January 2022. We summarise below the key developments and relevant updates to Revenue Guidelines. We will provide further updates...
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Who can qualify? CRSS has been resurrected for businesses which are, once again, significantly restricted from allowing members of the public to access their business premises and where turnover and certain other conditions are met. Specifically, it is available to businesses in the hospitality sector that...
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Revenue issued 2 separate sets of guidance notes just before Christmas to assist businesses who had previously qualified for EWSS but who then found themselves unable to qualify. These are outlined below. Guidelines covering re-entry of certain employers into the EWSS from 1 January 2022 This...
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