Revenue advises of TBESS claims arrangements following State aid approval granted for enhancements to the TBESS

Revenue advises of TBESS claims arrangements following State aid approval granted for enhancements to the TBESS Today (17/4/23), the Minister for Finance, Michael McGrath T.D., welcomed the recent receipt of the European Commission’s approval of Ireland’s State aid application for enhancements to the Temporary Business Energy Support Scheme (TBESS).  The enhancements provide for a further […]

Revenue seize cocaine worth €3,850,000 in Cork

Revenue seize cocaine worth €3,850,000 in Cork On Friday (14/04/2023), as part of an intelligence-led operation, Revenue officers seized approximately 55kgs of cocaine with an estimated value of €3,850,000 at Ringaskiddy Port, County Cork. The illicit drugs were discovered with the assistance of Revenue’s mobile x-ray scanner, Revenue’s Maritime Unit and detector dog Merlin, when a […]

Revenue eBrief No. 095/23 – Deduction for statutory registration fees paid to the Health and Social Care Professionals Council (CORU)

Revenue eBrief No.095/23 14 April 2023 Deduction for statutory registration fees paid to the Health and Social Care Professionals Council (CORU) Tax and Duty Manual 05-02-17 – Deduction for statutory registration fees paid to the Health and Social Care Professionals Council (CORU) – has been updated. The main change relates to section 1.1, to note that podiatrists […]

Revenue seize herbal cannabis worth almost €129,000 in Meath

Revenue seize herbal cannabis worth almost €129,000 in Meath Last Thursday (06/04/2023), as part of an intelligence-led operation, Revenue officers seized approximately 6.44kgs of herbal cannabis with an estimated value of €128,800 in the Meath area. This seizure was made as a result of a joint operation conducted by Revenue’s Customs Service, the Garda National […]

Revenue eBrief No. 093/23 – Employer provided vehicles

Revenue eBrief No. 093/23 06 April 2023 Employer provided vehicles Tax and Duty Manual Chapter 2 Part 05-01-01b – Employer Provided Vehicles – has been updated.  The main changes relate to the Finance Bill 2023 measures and include: a new section 4.1.3 is inserted to outline the measures provided for in Finance Bill 2023. It confirms that employers can, if they […]

Revenue update on Local Property Tax

Revenue update on Local Property Tax Today (06/04/2023), Revenue published statistics on Local Property Tax (LPT) for the first quarter of 2023, detailing LPT collection of €314 million so far for 2023. The current payment compliance rate of 90% shows that the vast majority of property owners have met their payment obligations. Payment arrangements for […]

Revenue eBrief No. 094/23 – Form P11D

06 April 2023 Form P11D Tax and Duty Manual Part 05-03-08 – Form P11D – has been updated. Pursuant to Finance Act 2022 employer contributions to a PRSA is no longer a taxable benefit. The employer’s obligation to report the amounts of PRSA contributions on the payroll submission to Revenue remains. From 1 January 2023, […]

Revenue eBrief No. 092/23 – Updates to Movement of Excisable Products Manual

Revenue eBrief No.092/23 06 April 2023 Updates to Movement of Excisable Products Manual The Movement of Excisable Products Manual has been updated in line with section 47 of the Finance Act 2021, this introduces a number of amendments to Part 2 of the Finance Act 2001 to transpose Council Directive (EU) No. 2020/262 into Irish […]