Revenue seize cocaine worth €11.4m at Rosslare Europort
Revenue seize cocaine worth €11.4m at Rosslare Europort Yesterday (13/07/2023), as a result of risk profiling, Revenue officers seized almost 163kgs of cocaine at Rosslare Europort. The illicit drugs, with an estimated value of approximately €11.4 million, were discovered with the assistance of Revenue’s mobile x-ray scanner and Detector Dog Daithi, in a horse box […]
Revenue eBrief No. 161/23 – VAT Treatment of Education and Vocational Training
Revenue eBrief No. 161/23 13 July 2023 VAT Treatment of Education and Vocational Training The following VAT Tax and Duty Manuals (TDMs) have been amended. The changes relate to the deletion of content which is no longer relevant to the manuals: VAT Treatment of Education and Vocational Training Deletion of Section 6.3 – Vocational training […]
Revenue seize herbal cannabis worth €52,000 in County Wexford
Revenue seize herbal cannabis worth €52,000 in County Wexford Yesterday, (11/07/2023), as part of an intelligence-led operation, Revenue officers seized approximately 2.6kgs of herbal cannabis with an estimated value of €52,000 in County Wexford. The seizure was made as a result of a joint operation involving Revenue’s Customs Service, the Garda National Drugs and Organised […]
Revenue eBrief No. 160/23 – Universal Social Charge
Revenue eBrief No. 160/23 11 July 2023 Universal Social Charge Tax and Duty Manual Part 18D-00-01 – Universal Social Charge -has been updated as follows: Paragraph 11.2 – Personal Retirement Savings Account – to clarify that employer PRSA contributions are not subject to PAYE and are, therefore, not chargeable to PRSI under the PAYE system (both employer’s […]
Revenue seize contraband worth over €100,000 in Co. Louth
Revenue seize contraband worth over €100,000 in Co. Louth On Friday (07/07/2023), as part of an intelligence-led operation, Revenue officers seized 80,000 cigarettes, 40kgs of ‘roll your own’ tobacco and over €6,500 in cash, following the search, under warrant, of a residential premises in Co. Louth. The seizures were made with the assistance of detector […]
Revenue eBrief No. 159/23 – Filing deadline extension for Investment Limited Partnership (ILP) and Updated Form ILP1
Revenue eBrief No. 159/23 07 July 2023 Investment Limited Partnership (ILP) February 2023 Filing – Deadline extension and Updated Form ILP1 available A new version of the Form ILP1 is now available on the Collective investment vehicles webpage, in the Related Forms panel of the Revenue website. Section 739J(3) of the Taxes Consolidation Act 1997 […]
Revenue eBrief No. 157/23 – Rent-a-room relief
Revenue eBrief No. 157/23 06 July 2023 Rent-a-room relief Tax and Duty Manual Part 07-01-32 (Rent-a-room relief) has been amended as follows: a new paragraph 7.2 to include material on the rent tax credit and obsolete material on owner occupier relief under certain property based tax incentive schemes and relief from stamp duty for first time buyers and certain owner occupiers has […]
Revenue eBrief No. 158/23 – Pensions Manual Chapter 27 amended
Revenue eBrief No. 158/23 06 July 2023 Pensions Manual Chapter 27 amended Pensions Manual Chapter 27, which deals with the taxation of retirement lump sums, has been updated in paragraph 6 to provide further information on the tax and filing obligations for excess lump sums. This includes instructions on when Revenue Payroll Notifications and when […]
Revenue seize MDMA and herbal cannabis worth €640,000 in Dublin
Revenue seize MDMA and herbal cannabis worth €640,000 in Dublin Yesterday (05/07/2023), as part of two separate intelligence-led operations, Revenue officers seized 2kgs of MDMA and 26kgs of herbal cannabis with estimated values of €120,000 and €520,000 respectively, in the Dublin region. These seizures were made as a result of joint operations conducted by Revenue’s […]
Revenue eBrief No. 154/23 – Manual on EU Sanctions in Response to the Situation in Ukraine
Revenue eBrief No. 154/23 05 July 2023 Manual on EU Sanctions in Response to the Situation in Ukraine Tax and Duty Manual on EU Sanctions in Response to the Situation in Ukraine has been updated to include the following: Paragraph 2: Has been amended to include updated legislative references, Paragraph 4: Has been updated to include details […]