Revenue eBrief No.12221 – Vehicle Registration Tax (VRT) On-line Payments in ROS and MyAccount
Revenue eBrief No. 122/21 21 June 2021 Vehicle Registration Tax (VRT) On-line Payments in ROS and MyAccount Tax and Duty Manual (TDM) Vehicle Registration Tax (VRT) On-line payments in ROS and MyAccount has been updated to reflect changes to the payment screen allowing VRT Traders to input a customer registration number or a Trader Account Number (TAN) […]
Revenue eBrief No.120/21 – Updated Share Schemes Manual and New Share Schemes Reporting Return (Form ESA)
Revenue eBrief No. 120/21 20 June 2021 Updated Share Schemes Manual and New Share Schemes Reporting Return (Form ESA) Section 8 of the Finance Act 2020 provides for the mandatory electronic reporting of certain share-based remuneration. This includes restricted stock units (RSUs), restricted shares, convertible shares, forfeitable shares, discounted shares, and any other award with cash-equivalent […]
Revenue eBrief No.12121 – Approved Profit Sharing Schemes (APSS)
Revenue eBrief No. 121/21 20 June 2021 Approved Profit Sharing Schemes (APSS) Chapter 10 of the Share Schemes Manual on Approved Profit Sharing Schemes (APSS) has been updated as follows: Paragraph 10.3.7 has been inserted to request that companies who have schemes which are no longer active and that will not be active again in the future notify […]
Revenue seize tobacco worth over €2.4 million at Dublin Port
Revenue seize tobacco worth over €2.4 million at Dublin Port On Wednesday (16/6/2021), as a result of routine profiling, Revenue officers seized over 4 tonnes of tobacco at Dublin Port. The smuggled tobacco was discovered concealed in boxes labelled as ‘wood briquettes’ which had originated in Germany. The tobacco has an estimated retail value of […]
Revenue eBrief No.119/21 – Customs treatment of gifts and items of negligible value
Revenue eBrief No. 119/21 18 June 2021 Customs treatment of gifts and items of negligible value The manual regarding the Customs Treatment of Gifts and Items of Negligible Value has been updated. From 1 July 2021 import VAT will be payable on all goods entering the EU irrespective of their value, and will always be […]
Revenue Publishes List of Tax Defaulters
Revenue Publishes List of Tax Defaulters Today (15/06/2021), Revenue published the List of Tax Defaulters in respect of the period 1 January 2021 to 31 March 2021. The list is published in Iris Oifigiúil, in two parts. Part 1: Persons in whose case the Court has determined a penalty relating to a settlement, or has […]
Revenue eBrief No.118/21 – ePSWT implementation
Revenue eBrief No. 118/21 15 June 2021 ePSWT implementation Tax and Duty manual Part 18-01-05A – ePSWT implementation guidance – is updated in advance of the implementation of ePSWT on 1 July 2021. The paragraphs referenced below have been updated. Paragraph 1 – updated to reference that payments to a charity that is exempt from tax are excluded from PSWT Paragraph 3.2 – […]
Revenue eBrief No.117/21 – Irish Real Estate Fund (IREF) July 2021 filings – updated Form IREF available
Revenue eBrief No. 117/21 11 June 2021 Irish Real Estate Fund (IREF) July 2021 filings – updated Form IREF available A new version of Form IREF is now available on the Revenue website. A new Tax and Duty Manual – Part 27-01B-03 – highlights updates and changes to the return. Irish Real Estate Funds (IREFs) with accounting […]
Revenue seize drugs worth over €200,000 at Dublin Mail Centre
Revenue seize drugs worth over €200,000 at Dublin Mail Centre Yesterday (09/06/2021), as part of routine operations, Revenue officers at Dublin Mail Centre seized illegal drugs, including 10 kgs of herbal cannabis, 250 Zopiclone tablets, 30 grams of butane honey oil and 305 tablets of MDMA, with a combined estimated value of €208,000. The illegal […]
Revenue eBrief No.114/21 – Surcharge on undistributed income of service companies
Revenue eBrief No. 114/21 10 June 2021 Surcharge on undistributed income of service companies Tax and Duty Manual Part 13-02-06 – Surcharge on undistributed income of service companies – has been updated in respect of Revenue’s view of the activity carried on by a “Management Consultant” in the context of section 441 TCA 1997.
