Revenue publishes detailed guidelines on registering for TBESS
Revenue publishes detailed guidelines on registering for TBESS Last Friday (25/11/2022), the Tánaiste and Minister for Enterprise, Trade and Employment, Leo Varadkar T.D., and the Minister for Finance, Paschal Donohoe T.D., welcomed State Aid approval for the Temporary Business Energy Support Scheme (TBESS). This approval is required to allow payments to be made under the scheme […]
Revenue eBrief No. 202/22 – Updated guidelines for the Temporary Business Energy Support Scheme (TBESS)
Revenue eBrief No. 202/22 28 November 2022 Updated guidelines for the Temporary Business Energy Support Scheme (TBESS) Guidelines on the Temporary Business Energy Support Scheme (TBESS) have been updated. The scheme, which is provided for in sections 100 to 102 of Finance Bill 2022, has received State aid approval from the European Commission and is open for […]
Revenue operation targeting fuel laundering in County Monaghan
Revenue operation targeting fuel laundering in County Monaghan Yesterday (24/11/2022), in an intelligence led operation targeting fuel laundering, Revenue officers, with the assistance of the Armed Support Unit of An Garda Síochána, carried out a search, under warrant, of a commercial premises in Corragarry, Broomfield, Co Monaghan. During the course of the operation the following items […]
Revenue eBrief No. 200/22 – Non-resident corporate landlords within the charge to corporation tax
Revenue eBrief No. 200/22 22 November 2022 Corporation Tax: Relief for Terminal Loss in a Trade Tax and Duty Manual – Part 12-03-02 – Corporation Tax: Relief for Terminal Loss in a Trade has been updated in Section 4 to clarify the time limit for making a Terminal Loss Relief claim.
Revenue eBrief No. 201/22 – Accounting for Mineral Oil Tax Manual
Revenue eBrief No. 201/22 22 November 2022 Accounting for Mineral Oil Tax Manual Appendix I of the Accounting for Mineral Oil Tax Manual has been updated to reflect changes to the Excise Duty Rates that apply from 12 October 2022. The historic rates of Mineral Oil Tax in Appendix XI have also been updated.
Revenue eBrief No. 197/22 – Emergency accommodation and ancillary services
Revenue eBrief No. 197/22 21 November 2022 Emergency accommodation and ancillary services The VAT Tax and Duty Manual on Emergency accommodation and ancillary services has been updated to provide clarity with regard to the supply of emergency accommodation.
Revenue eBrief No. 198/22 – Accelerated loss relief for companies adversely impacted by the Covid-19 pandemic restrictions
Revenue eBrief No. 198/22 21 November 2022 Accelerated loss relief for companies adversely impacted by the Covid-19 pandemic restrictions Section 11 of the Financial Provisions (Covid-19) (No. 2) Act 2020 introduced a new section 396D in the Taxes Consolidation Act 1997 (“TCA”). Section 396D TCA provided for a temporary acceleration of corporation tax loss relief for accounting periods affected […]
Revenue eBrief No. 199/22 – Non-resident corporate landlords within the charge to corporation tax
Revenue eBrief No. 199/22 21 November 2022 Non-resident corporate landlords within the charge to corporation tax The following Tax and Duty Manuals (TDMs) have been updated to reflect changes introduced in Finance Act 2021 to the taxation of non-Irish resident corporate landlords in receipt of Irish rental income. TDM Part 02-02-01 – Corporation Tax – General Background – has […]
Revenue seize herbal cannabis worth €2.36 million in Dublin
Revenue seize herbal cannabis worth €2.36 million in Dublin Yesterday (17 November 2022), as part of an intelligence led operation, Revenue officers seized approximately 118 kilograms of herbal cannabis with an estimated value of €2.36 million, following the search of a commercial premises, under warrant, in the North Dublin area. The seizure was made as […]
Revenue seize alcohol at Rosslare Europort
Revenue seize alcohol at Rosslare Europort On Tuesday (15 November 2022), as a result of routine operations, Revenue officers seized almost 51,500 litres of beer at Rosslare Europort. The smuggled alcohol has an estimated retail value of almost €205,000, representing a potential loss to the Exchequer of over €96,000. The alcohol was discovered following the […]
