We previously informed you of the availability to warehouse your tax debts associated with COVID-19. We outlined the following: The eligibility to warehouse COVID debts, The taxes which could be warehoused, How long the tax debts could be warehoused, and The interest rates that would...
Read More
Announcements have recently been made for new Covid initiatives, which are designed to support businesses in varying sectors, and which are outlined below. Further announcements are pending with a number of sectors being examined at present. In addition, some broader supports for towns/regions and business...
Read More
On Monday, Fáilte Ireland announced details of a new €55 million Tourism Business Continuity Scheme, which is intended to support those tourism businesses that were not eligible for Covid Restrictions Support Scheme (CRSS) payments or previous Fáilte Ireland continuity grant schemes. Phase 1 of the scheme...
Read More
As previously advised, Revenue have begun issuing preliminary end of year statements (PEOYS) for employees in receipt of TWSS. We have noticed that some employees are not yet able to access their PEOYS. In this regard, Revenue have commented recently that: “As regards proprietary directors, Revenue has...
Read More
Finance Act 2020 sets into law many of the tax provisions announced on Budget Day, 13 October 2020. The measures it contains include provisions to provide support to businesses as they face unprecedented challenges including COVID-19. This document is aimed to provide you with an updated...
Read More