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...
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...
As offices begin to re-open, some professionals are looking for ways to retain an element of remote working. In this article, Teresa Stapleton shares her top tips to persuade your employer and make the most of your new arrangement. The COVID-19 lockdown has allowed many people...
Flexible working was a ‘nice to have’ six months ago, but COVID-19 has given it pole position in business strategy and planning. And that won’t change as the crisis fades, writes Ed Heffernan. We can be sure of very few things in the next 12-18 months....
The EU Summit took place over the weekend where leaders of Member States debated the €750 billion recovery fund. It is proposed that the money will be re-paid over a 30-year period using fund raising measures known as “own resources” which include tax measures. The “own...
Readers are reminded that claims for the first grant under the self-employed income support scheme (“SEISS”) must be made by today Monday 13 July. Claims for the second grant are expected to open in August 2020. In order to qualify for the second SEISS grant, the...