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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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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The next valuation date for local property tax (LPT) is 1 November 2021. Taxpayers will be required to self-assess the value of their own property. Revenue will contact 1.4 million property owners on their LPT obligations in the coming weeks and has provided an interactive valuation...
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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 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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New VAT rules come into place from 1 July 2021, where a business either: sells Goods online (ie, distance sales) to customers in other EU Member States (MS) who are not VAT registered in that MS, or sells Services to customers in other EU Member...
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The Government are set to introduce a scheme to accelerate a claim for capital allowances on the purchase of certain farm safety equipment subject to an annual total equipment cost of €5 million (excluding VAT) per annum. The proposed scheme is subject to a Ministerial...
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Middle-income earners and two-income families were the main, albeit modest, beneficiaries of Budget 2018 with a combination of USC cuts and a widening of the top income tax band likely to deliver an increase just under 1 % in average take-home pay. In his first Budget,...
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Small benefits It's that time of year again where employers try where they can, to give a small gift in the form of voucher to their employees. Where your employer provides you with a small benefit i.e. a benefit with a value not exceeding €500 , PAYE,...
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Pension Contributions make for good tax savings! We all know how underfunded pensions are across the board. For all the woman reading this, they are significantly underfunded but that is for another day! Today, we are focusing on the here and now, because you have only a...
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