Changes to Benefit-in-Kind
As part of the cost-of-living budget measures, Revenue have made changes to the Benefit-in-Kind (BIK) regime regarding company cars. As a result of the move to a CO2-based BIK system, …
As part of the cost-of-living budget measures, Revenue have made changes to the Benefit-in-Kind (BIK) regime regarding company cars. As a result of the move to a CO2-based BIK system, …
Budget 2023 saw the introduction of a new Rent Tax Credit. The maximum Credit available is €1,000 for jointly assessed partners, or €500 in all other cases. Subject to conditions, …
Tax relief can be claimed on health expenses that you have paid for. This covers your own expenses, a family member’s, or indeed any individual’s, provided that you have paid …
Local Enterprise Week will run from Monday March 2nd to Friday March 6th. Seminars, classes and workshops will be held in Local Enterprise Offices across the country with the aim …
As the UK’s departure from the EU enters its transition phase, the Irish government has released a Brexit Preparedness Checklist. The checklist will help firms continue to trade smoothly with …
Revenue have made an update to the Tax and Duty Manual. Paragraph 21 now notes that where tax clearance is required for a grant, an application must be submitted each …
A Return of Trading Details (RTD) is a statistical return that summarises sales and purchase figures and their associated VAT. It’s a return that every VAT-registered person must file after …
The 2% rate of USC is rising from €19,874 to €20,484 in line with the minimum wage rate increasing by 30c to €10.10 on February 1st 2020 . To account …
Employees no longer receive a P60 at the end of the year from their employer. The P60 was abolished at the beginning of 2019 as part of PAYE Modernisation. From …
From 1 February 2020, the weekly income threshold for the higher Class A Employer PRSI increases from €386 to €395. For January 2020 the €386 threshold for the higher Class …