Revenue has recently published new guidelines on determining the employment status of workers for tax purposes. The guidance comes following the Supreme Court judgement issued in October 2023 in the case of Revenue Commissioners v Karshan (Midlands Ltd) trading as “Dominos” which found that delivery drivers should be treated as employees rather than self-employed. In […]
IMPACT OF “DOMINO’S CASE” ON EMPLOYMENT STATUS Read More »
Taxpayers who have availed of the Debt Warehousing Scheme (DWS) have until 1 May next to engage with Revenue to ensure that they remain eligible to avail of the scheme. What is DWS? The DWS was established at the start of the pandemic and it allowed taxpayers to defer payment of taxes until activity levels
TAX DEBT WAREHOUSING – 1 MAY DEADLINE FAST APPROACHING Read More »
Employers need to be aware that ALL gifts to employees are within the scope of the Small Benefits Exemption By Dave Hickey FCA What is the Small Benefit Exemption? Since 01 January 2022, employers can give directors (who are on payroll) and employees up to two small benefits, tax free, each year. These benefits must
THAT EASTER EGG GIFT MAY HIDE A FUTURE TAX BILL Read More »
Employers must report a lot more about tax-free payments made to employees from the start of this year. Michelle Egan C.T.A., Tax Manager with DHKN, looks at what employers and payroll departments need to look out for. WHAT ARE THE ENHANCED REPORTING REQUIREMENTS (ERR)? A new Enhanced Reporting Requirements (ERR) has come into effect from
ENHANCED REPORTING REQUIREMENTS – WHAT EMPLOYERS NEED TO DO NOW Read More »
Small non-taxable payments to employees will have to be reported to Revenue from 2024 placing another requirement on employers and their payroll functions. By Michelle Egan, AITI, CTA A new Enhanced Reporting Requirements (ERR) process is being introduced by Revenue for 2024 and later years to capture details of some non-taxable payments made to employees
EMPLOYERS SHOULD PREPARE TO REPORT EMPLOYEE BENEFITS Read More »
Temporary measures to reduce impact on employees By Robert Lohan C.T.A., F.C.A. Last October’s budget indicated that the system of calculating BIK on company vehicles would encourage the use of electric and lower emission vehicles. However, the impact of these changes on employees’ take home pay on top of the cost of living crisis, has
FURTHER CHANGES TO COMPANY VEHICLE BIK RULES FOR 2023 Read More »
