A new Tax and Duty manual - Part 18-01-05a - provides guidance on the implementation of ePSWT, which will happen from 1 July 2021. The guidance addresses queries arising from accountable and specified persons, and their representatives, about the planned changes. Revenue wrote to accountable persons...
Revenue has previously confirmed that it is facilitating employers who wish to pay the 2020 income tax and Universal Social Charge (USC) liabilities of their employees arising from the Temporary Wages Subsidy Scheme (TWSS). Should an employer wish to pay these liabilities on behalf of their...
Tax and Duty Manual Part 05-02-17 has been updated at paragraph 4 to clarify: the three professions where the CORU annual registration fee is not incorporated into a flat rate expense deduction that for these three professions only, a claim under section 114 of the...
ROS - Extension of Pay & File Deadline for ROS Customers for 2021 On 28 April 2021, Revenue announced an extension to the ROS return filing and payment date for certain self-assessment Income Tax customers and for customers liable to Capital Acquisitions Tax (CAT). For customers who...
Revenue confirmed that a credit for tax deducted from the emoluments of a proprietary director (or connected persons of the director) will not be available, where the company has warehoused its PAYE tax debt. Revenue will not consider tax to be paid for the purposes...
Tax and Duty Manuals Part 47-06-01 (Return Filing Dates - Forms 11 and CT1), Part 47-06-04 (Late Submission of Corporation Tax Returns - Restrictions of Claims to Relief) and Part 47-06-08 (Surcharge for Late Submission of Income Tax, Corporation Tax and Capital Gains Tax returns)...
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...
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 ...