Revenue eBrief No. 222/22 – Tax treatment of payments received under the Brexit Voluntary Permanent Cessation Scheme
Revenue eBrief No. 222/22 22 December 2022 Tax treatment of payments received under the Brexit Voluntary Permanent Cessation Scheme A new Tax and Duty Manual Part 23-05-01 – Tax treatment of payments received under the Brexit Voluntary Permanent Cessation Scheme – has been published. This Tax and Duty Manual provides guidance in relation to the tax […]
Revenue eBrief No. 223/22 – Accelerated Capital Allowances for Farm Safety Equipment manual
Revenue eBrief No. 223/22 22 December 2022 Accelerated Capital Allowances for Farm Safety Equipment manual Tax and Duty Manual Part 09-02-07 – Accelerated Capital Allowances for Farm Safety Equipment [Section 285D TCA 1997] – has been created to provide guidance on the operation of the scheme. Section 285D TCA 1997 provides for a scheme of accelerated […]
Revenue make the first payments under the TBESS
Revenue make the first payments under the TBESS Today (21/12/2022), Revenue confirmed that the first payments under the Temporary Business Energy Support Scheme (TBESS) have issued. Tax compliant businesses who have already submitted claims through the claims portal, available via the eRepayments system on Revenue’s Online Service (ROS), will see payments arriving in their bank […]
Revenue eBrief No. 219/22 – Updated guidelines for the Temporary Business Energy Support Scheme (TBESS
Revenue eBrief No. 219/22 21 December 2022 Updated guidelines for the Temporary Business Energy Support Scheme (TBESS) Guidelines on the Temporary Business Energy Support Scheme (TBESS) have been updated to include additional information and clarifications, following various queries received by Revenue from businesses wishing to avail of the scheme. A summary of the changes is […]
Revenue eBrief No. 216/22 – Section 110: Entitlement to Treatment
Revenue eBrief No. 216/22 21 December 2022 Section 110: Entitlement to Treatment Tax and Duty Manual Part 04-09-01, which provides guidance on Section 110 of the Taxes Consolidation Act 1997, has been updated to provide clarification on: the “double trade” test and the deductibility of payments to the European Bank for Reconstruction and Development.
Revenue eBrief No. 217/22 – Capital Acquisitions Tax Manual Part 12: Business Relief
Revenue eBrief No. 217/22 21 December 2022 Capital Acquisitions Tax Manual Part 12: Business Relief – Clawing Back the Relief (section 101) Capital Acquisitions Tax Manual Part 12 provides guidance on the operation of Business Relief.Section 12.7 of the manual deals with the circumstances where the relief will be withdrawn. This section has been updated […]
Revenue eBrief No. 218/22 – Research and Development (R&D) Tax Credit: Appointment of experts to assist in audits
Revenue eBrief No. 218/22 21 December 2022 Research and Development (R&D) Tax Credit: Appointment of experts to assist in audits Each year, Revenue establishes a panel of experts who may be called upon to assist with reviews of claims for the Research & Development Tax Credit. The e-tender for the 2022/23 panel has been launched. Tax […]
Revenue eBrief No. 215/22 – Import of Motor Vehicles from the UK
Revenue eBrief No. 215/22 20 December 2022 Import of Motor Vehicles from the UK Tax and Duty Manual Importation of Motor Vehicles from the UK has been updated to provide clarity on the requirements for registering a vehicle in the state which was first brought into Northern Ireland prior to 1 January 2021.
Revenue seize cigarettes in Waterford and herbal cannabis in Dublin
Revenue seize cigarettes in Waterford and herbal cannabis in Dublin Yesterday (19 December 2022), in Waterford city, Revenue officers seized almost 23,000 cigarettes and 0.8 kilograms of ‘roll your own’ tobacco as a result of an intelligence-led operation. The cigarettes and tobacco, bearing Polish tax stamps, were discovered following the search, under warrant, of a […]
Revenue eBrief No. 212/22 – Betting Duty Returns and Payments Compliance Procedures Manual
Revenue eBrief No. 212/22 19 December 2022 Betting Duty Returns and Payments Compliance Procedures Manual Paragraph 1.4.2. of Tax and Duty Manual Betting Duty Return and Payments Compliance Procedures Manual has been updated to reflect an amendment made under section 50 of the Finance Act 2022. Betting Duty is chargeable on all bets made, laid or otherwise entered into […]
