eBrief No. 034/21 – PAYE Services: Review your Tax
Revenue eBrief No. 034/21 22 February 2021 PAYE Services: Review your Tax Tax and Duty Manual Part 38-06-05 – PAYE Services: Review Your Tax – has been updated to reflect the following changes: Information on the supports introduced by the Government in response to the Covid-19 Pandemic Guidance that Employer Refund Scheme (ERS) payments, Temporary Wage Subsidy Scheme (TWSS) payments and […]
Revenue seize 172kgs of drugs worth €12 million in Cork
Revenue seize 172kgs of drugs worth €12 million in Cork Today (18/02/2021), Revenue officers seized approximately 172kgs of drugs, suspected to be cocaine, with an estimated value of over €12 million at Ringaskiddy Port, Co. Cork. The seizure was made as a result of a joint intelligence led operation conducted by Revenue’s Customs Service and the […]
eBrief No. 033/21 – Capital Gains Tax (CGT) – Deduction from consideration on disposal of certain assets (S.980)
Revenue eBrief No. 033/21 18 February 2021 Capital Gains Tax (CGT) – Deduction from consideration on disposal of certain assets (S.980) Tax and Duty Manual Part 42-03-01 – Deduction from consideration on disposal of certain assets – has been updated to provide: guidance on the online eCG50 application processing system and updates to paper based applications clarity for the application […]
eBrief No. 032/21 – Vehicle Registration Tax Manual – Section 1
Revenue eBrief No. 032/21 17 February 2021 Vehicle Registration Tax Manual – Section 1 The following Vehicle Registration Tax Manuals have been updated to reflect changes in Finance Act 2020: Manual 1: Updates to Section 3.4.2 – Verification of CO2 Emissions Manual 1A: Updates to Section 4.2 – VRT Categories, EU Categories and Tax Manual 1C: Updates to Section 8 – Calculating […]
eBrief No. 030/21 – Capital Gains Tax (CGT) Revised Entrepreneur Relief
16 February 2021 Capital Gains Tax (CGT) Revised Entrepreneur Relief Tax and Duty Manual Part 19-06-02b has been updated to reflect an amendment made to entrepreneur relief by section 24 of the Finance Act 2020. The requirement for an individual to have owned a holding of at least 5% of the ordinary share capital is amended […]
Revenue seize drugs worth over €225,000 in Athlone and Dublin Mail Centres
Revenue seize drugs worth over €225,000 in Athlone and Dublin Mail Centres Yesterday (15/02/2021), as a result of routine operations, Revenue officers at Athlone and Dublin Mail Centres seized over 99kgs of illegal drugs including herbal cannabis, khat (89kgs) and cocaine. The illegal drugs have a combined estimated value of over €225,000 and were discovered […]
eBrief No. 031/21 – Partial Recovery of VAT on Qualifying Passenger Motor Vehicles
Revenue eBrief No. 031/21 16 February 2021 Partial Recovery of VAT on Qualifying Passenger Motor Vehicles The Tax and Duty Manual Partial Recovery of VAT on Qualifying Passenger Motor Vehicles has been updated to reflect the definition of a “qualifying vehicle” effective from 1 January 2021 in accordance with Finance Act 2019.
eBrief No. 028/21 – Tax relief for new companies, UK companies
Revenue eBrief No. 028/21 15 February 2021 Tax relief for new companies, UK companies As a result of the provisions of the Withdrawal of the United Kingdom from the European Union (Consequential Provisions) Act 2020, s486C(1)(a) has been amended to include a reference to the United Kingdom in respect of the definition of a new company. Tax and […]
eBrief No. 029/21 – Update of Tax and Duty Manual 02-02-06 – What constitutes a trade?
Revenue eBrief No. 029/21 15 February 2021 Update of Tax and Duty Manual 02-02-06 – What constitutes a trade? Tax and Duty Manual Part 02-02-06 has been updated to include additional material in relation to the case of Noddy Subsidiary Rights Company Ltd v CIR 1966 [43 TC 458]. The summary of opinions in Appendix B […]
Revenue seize drugs worth €192,000 in Portlaoise
Revenue seize drugs worth €192,000 in Portlaoise Today (15/02/2021), as part of an intelligence led operation, Revenue officers seized 9.6 kgs of herbal cannabis with an estimated value of €192,000, following the search of a vehicle in the Portlaoise area. The seizure was made as a result of a joint intelligence led operation conducted by […]
