Minister for Trade Promotion, Digital and Company Regulation, Robert Troy T.D., has urged businesses to avail of the financial grants and advisory services to help them to respond to post-Brexit challenges. These include: The Enterprise Ireland “Ready for Customs” grant, which provides support of up to...
The payment of Capital Gains Tax (CGT) for gains arising on disposals between 1 December and 31 December 2020 is due by 31 January 2021. If you sold, gifted or transferred an asset between 1 December and 31 December 2020, contact us here to request a consultation. Follow...
The VAT Return of Trading Details (RTD) is being updated to reflect the temporary change in the VAT rate from 23% to 21% on 1 September 2020. The revised RTD will be available from 10 February 2021 and the filing date of the RTD is...
Revenue will facilitate employers who wish to pay employees' 2020 tax liabilities. This applies to Income Tax (IT) and Universal Social Charge (USC) liabilities which arise due to the TWSS. Revenue will not apply Benefit-in-kind rules to these payments you make on behalf of your employees...
Revenue has updated the Information Booklet on the Debt Warehousing Scheme to reflect the imposition of Level 5 public health restrictions. The examples relating to VAT and Employer (PAYE) debt warehousing have been updated to reflect the revised warehoused periods and applicable interest rates for...
Flat rate expenses are available to a wide range of employees to cover the cost of equipment needed for work, follow the link below to see if you or your employees could avail of this tax relief. Follow this link to Revenue Guidance Follow this link to...
Revenue publishes guidance for employers who want to pay employees’ TWSS liabilities Revenue confirmed last year that they will facilitate employers who want to pay the 2020 income tax and USC liabilities of employees which arose due to the TWSS, without the application of Benefit-in-Kind (BIK). The...
In December 2020 Revenue issued updated guidance in respect of certain COVID-19 measures related to personal tax matters, confirming that some of the concessionary measures introduced in March 2020 would be retained but others would cease to apply on 31 December 2020. This updated guidance issued...
Extension of the enhanced HTB relief to 31 December 2021 (previously due to cease on 31 December 2020) as provided for in Finance Act 2020 Follow this link to Revenue guidance ...
The tax credit available has increased to €1,650 in respect of the year of assessment 2020 and subsequent years. Follow this link to Revenue guidance ...