Tax

KEY FILING DATES – DECEMBER 2023 TAX RETURN OR PAYMENT PERIOD PAYMENT & FILING DATE Local Property Tax Declaration of value of properties that will become liable for LPT 2023 2nd December 2023 Dividend Withholding Tax DWT November 2023 14th December 2023 Professional Services Withholding Tax (PSWT) F30 November 2023 14th December 2023 Capital Gains […]

From 1 January 2024, three types of benefits that are made without the deduction of tax must be reported to Revenue when they are paid to employees or directors. Collectively known as ‘reportable benefits’, they are: The remote working daily allowance of €3.20;  Travel and subsistence expenses; and The small benefits exemption. In November 2023, […]

KEY FILING DATES – NOVEMBER 2023 TAX HEAD RETURN PERIOD PAYMENT & FILING DATE Dividend Withholding Tax DWT October 2023 14th November 2023 Professional Services Withholding Tax (PSWT) F30 October 2023 14th November 2023 Income Tax Extension of pay and file deadline 15th November 2023 Capital Acquisitions Tax Extension of pay and file deadline 15th […]

Budget 2024 took place on 10 October 2023. Revenue’s Summary of Budget 2024 can be viewed here. Key measures announced in the Budget include: Income Tax The standard rate band is to be increased by €2,000 to €42,000. There will be proportionate increases for single-person child carers, married couples, and civil partners. Various other tax […]

Here is all you need to know about Ireland’s unique survivor’s pension. In the intricate world of welfare entitlements, there exists a fascinating provision that many may find surprising. In Ireland, divorced individuals can receive a survivor’s pension after their ex-spouse’s death, regardless of whether they have remarried. This unique provision is an Irish solution […]

TAX HEAD RETURN PERIOD PAYMENT & FILING DATE Dividend Withholding Tax DWT September 2023 14th October 2023 Professional Services Withholding Tax (PSWT) F30 September 2023 14th October 2023 PAYE/PRSI/USC/LPT Monthly Deductions September 2023 23rd October 2023 PAYE/PRSI/USC/LPT Quarterly deductions July – September 2023 23rd October 2023 Relevant Contracts Tax (RCT) RCT Monthly Return September 2023 […]

Here is all you need to know about the proposals for the participation exemption for foreign dividends. A Roadmap to the Introduction of a Participation Exemption to Irish Corporation Tax has been published, setting out a timeline for the introduction of a participation exemption with respect to foreign dividends and foreign branch profits. A public […]

Employee financial wellbeing – here is why businesses are starting to realise the importance of helping employees feel secure about money. In the current economic environment, many businesses are acknowledging the profound impact of employee financial wellbeing on overall productivity and job satisfaction. A cornerstone of this effort lies in the provision of financial literacy […]

The 2024 Budget is set to take place on 10 October 2023 – here are some predictions Paschal Donahoe, Minister for Public Expenditure, has said that the 2024 Budget is going to be ‘big’. The reason for this is likely due to the corporation tax windfall: corporation tax revenues are so high, the government is […]

TAX HEAD RETURN PERIOD PAYMENT & FILING DATE Dividend Withholding Tax DWT May 2023 14th June 2023 Professional Services Withholding Tax (PSWT) F30 May 2023 14th June 2023 PAYE/PRSI/USC/LPT Monthly Deductions May 2023 23rd June 2023 Relevant Contracts Tax (RCT) RCT Monthly Return May 2023 23rd June 2023 VAT Monthly VAT3 & Return of Trading […]