Tax

Employer PRSA contributions are happening – here is all you need to know.  The Finance Act 2022 delivered one of the biggest changes to pensions in some time. This shift was the removal of the BIK charge on employer PRSA contributions which came into effect on January 1st of this year. Over the past few […]

Below are the key tax filing dates for March 2023 TAX HEAD RETURN PERIOD PAYMENT & FILING DATE Dividend Withholding Tax DWT February 2023 14th March 2023 Professional Services Withholding Tax (PSWT) F30 February 2023 14th March 2023 PAYE/PRSI/USC/LPT Monthly Deductions February 2023 14th / 23rd March 2023 Relevant Contracts Tax (RCT) RCT Monthly Return […]

ViDA: VAT in the Digital Age  – Here is all you need to know On 8 December 2022, the European Commission (EC) published the VAT in the Digital Age proposal (ViDA). ViDA aims to modernise the EU’s VAT system for today’s digital world.  If adopted, these matters will have a significant impact on how VAT is […]

Foreign Earnings Deduction (FED) is a relief from income tax (but not Universal Social Charge (USC) or Pay Related Social Insurance (PRSI)) for individuals who temporarily carry out duties of their office or employment in certain countries which was introduced as part of Finance Act 2012. Over the years the list of countries to which […]

Tax filing dates to remember throughout February 2023 TAX HEAD RETURN PERIOD PAYMENT & FILING DATE Dividend Withholding Tax DWT January 2023 14th February 2023 Professional Services Withholding Tax (PSWT) F30 January 2023 14th February 2023   PAYE/PRSI/USC/LPT Monthly Deductions January 2023 23rd February 2023 Corporation Tax Preliminary tax Accounting periods ending between 1st – […]

The most important tax filing dates for January 2023 TAX HEAD RETURN PERIOD PAYMENT & FILING DATE Dividend Withholding Tax DWT December 2022 14thJanuary 2023 Professional Services Withholding Tax (PSWT) F30 December 2022 14thJanuary 2023 PAYE/PRSI/USC/LPT P30 Monthly Return December 2022 23rdJanuary 2023 VAT Monthly VAT 3 & Return of Trading Details December 2022 23rdJanuary […]

The Finance Bill 2022 makes provision for the Temporary Business Energy Support Scheme – TBESS – which will provide support to businesses impacted by the unprecedented increase in energy costs resulting from the military aggression by Russia in Ukraine. The scheme is an approved State Aid under the European Commission’s Temporary Crisis Framework (TCF)1. Eligible […]

With 2023 almost upon us, many Irish companies with UK directors who took out Section 137 Bonds due to Brexit two years ago, will need to renew their Bonds from the 1st of January 2023. The Non-EEA Resident Bond only covers a period of 2 years and must be put in place at the incorporation stage or upon […]

Key tax filing dates for December 2022 TAX HEAD RETURN PERIOD PAYMENT & FILING DATE Dividend Withholding Tax DWT November 2022 14th December 2022 Professional Services Withholding Tax (PSWT) F30 November 2022 14th December 2022 Capital Gains Tax Capital Gains Return Gains made between 1st January – 30th November 2022 15th December 2022 PAYE/PRSI/USC/LPT P30 […]

The EU has proposed a new Directive on Administrative Co-operation to be called DAC8. It is expected that DAC8 will introduce uniform disclosure requirements for e-money and crypto intermediaries to ensure tax authorities across the EU have increased visibility in respect of the evolving digital economy and crypto assets in particular. DAC8 is likely to […]