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The Universal Social Charge manual has been published and is available at Part 18D of the Income Tax, Capital Gains Tax and Corporation Tax Manual on the Revenue website.

Click here for all the details

In the coming weeks you will receive notification form the Revenue Commissioners of their estimate of what your property tax should be.

Remember it is based on value bands – e.g., Property falls into the €200,000 – €250,000 value range and so will be liable at 0.0018 equalling €405.00 per annum. For 2013 this will be for six months and therefore be ...

Farmers in Ireland receive a range of payments from the Department of Agriculture, Food and the Marine (DAFM), including EU Common Agricultural Policy (CAP) payments such as the Single Farm Payment.

The majority of farmers accurately record DAFM payments on their tax returns. However, a minority record their payments incorrectly. This brings them to Revenue’s attention, places an avoidable burden on them and draws Revenue resources away from focusing on non-compliant farmers that compete unfairly against compliant farmers.

Recording of Agricultural Payments ...

The Minister for Finance today (28^th September 2012) published the Credit Reporting Bill 2012. The Bill provides for the establishment and operation of a statutory Central Credit Register (CCR) system in Ireland. The publication of the bill by the end of September is a commitment under the EU-IMF Programme of Assistance.

Commenting on the publication of the General Scheme of the Bill, the Minister for Finance, Mr. Michael Noonan, T.D. stated:

“The Credit Reporting Bill 2012 is an important piece of legislation, ...

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Financial-Support-for-Irish-Business

ROS users are reminded of the procedures to be followed when ceasing employees and commencing new employees.
Employee cessations
PAYE Regulations instruct that Part 1 of the form P45 should be issued to Revenue immediately the employment ceases and that Parts 2, 3 and 4 should be given to the employee on the date the employment ceases. Delays in issuing the form P45 will result in inconvenience for the employee claiming social welfare benefits or paying emergency tax when they ...

Society is constantly changing and one of the more pronounced changes in recent times has been the increasing trend towards couples cohabiting and having children before marriage. Unfortunately tax legislation tends not to change as quickly as society and this can cause a significant problem which people should be aware about. Even if the information in this mail may not directly relevant to your personal situation, I am certain that you will know people to whom the information ...

Tax Revenue
• Tax revenue details are set out in Appendix I, available at www.finance.gov.ie
• Tax revenues to end-August, at just under €22.1 billion are €365 million (1.7%) ahead of
target. At end-August three of the “big four” sources of tax revenue are ahead of profile.
• In year-on-year terms, taxes are up almost €1.6 billion or 7.7%. Adjusting for the impact of
delayed corporation tax receipts and the PRSI to income tax reclassification issue, the yearon-
year growth ...