The New Rules From 1 January 2021, a different customs regime will exist in Northern Ireland (NI). The Protocol on Ireland/Northern Ireland to the Withdrawal Agreement is designed to maintain an all-island economy and avoid a hard border on the island of Ireland. Clarification will be...
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It is now possible to make a claim under the CRSS. Updated Revenue guidance notes are here These guidelines include a summary of businesses that will be regarded as subject to Covid restrictions, under each of the Roadmap Levels 1-5 (paragraphs 12.4 and 12.5) The guidelines also...
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Finance Bill 2020 provides that the 9% rate of VAT applies from 1 November 2020 to 31 December 2021 to the following services: supply of restaurant and catering services guest and holiday accommodation entertainment services such as admissions to cinemas, theatres, museums, fairgrounds and amusement...
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Before the Budget day announcement, only certain VAT and PAYE liabilities could be warehoused. Finance Bill 2020 now provides for certain qualifying income tax and preliminary tax liabilities to be warehoused (together with repayments of TWSS subsidies). The following tax liabilities can now potentially be warehoused: ...
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What is the Covid Restrictions Support Scheme (CRSS) The Covid Restrictions Support Scheme (CRSS) announced on Budget day provides targeted support to businesses that are forced to close temporarily or operate at a significantly reduced level because of COVID-19 restrictions that either prohibit, or significantly restrict,...
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