Revenue eBrief No. 156/22 – Guidance on the Interest Limitation Rule
Revenue eBrief No. 156/22 04 August 2022 Guidance on the Interest Limitation Rule Tax and Duty Manual (TDM) Part 35D-01-01 was created in July 2022. It provides guidance on the Interest Limitation Rule (“ILR”) following the transposition of Council Directive (EU) 2016/1164 of 12 July 2016, as amended by Council Directive (EU) 2017/952 of 29 May 2017 (“ATAD”), […]
Revenue eBrief No. 155/22 – Period of Account
Revenue eBrief No. 155/22 03 August 2022 Period of Account Tax and Duty Manual Part 38-02-06 is updated to include information on changing accounting periods (in paragraph 2), and the need to ensure that linked returns (the 46G Company) have the exact same accounting period as the Form CT1 for the same tax year (in paragraph […]
Revenue eBrief No. 152/22 – Movement of excisable products manual updated
Revenue eBrief No. 152/22 02 August 2022 Movement of excisable products manual updated Following on from amendments to the Finance Act 2003 made under section 43 of the Finance Act 2021 including the introduction of the Certification System for Small Alcohol Producers by section 78B of the 2003 Act and changes to sections 77(c) and 77(d) […]
Appointment of Revenue Commissioner
Appointment of Revenue Commissioner The Taoiseach Micheál Martin T.D. has appointed Ruth Kennedy as Revenue Commissioner, to succeed Michael Gladney who recently retired from the Revenue Board. Prior to her appointment, Ruth held various senior management positions in Revenue, including Assistant Secretary of Personal Division and Project Manager for PAYE Modernisation. She joined Revenue in […]
Revenue eBrief No. 150/22 – Stamp Duties Consolidation Act 1999 – Notes for Guidance updated
Revenue eBrief No. 150/22 25 July 2022 Stamp Duties Consolidation Act 1999 – Notes for Guidance updated An up-to-date version of the Stamp Duties Consolidation Act 1999 – Notes for Guidance has been published on the Revenue website. The Notes for Guidance have been updated to include all amendments to the 1999 Act by subsequent Acts […]
Revenue seize tobacco and cigarettes worth over €87,000 in Counties Louth and Dublin
Revenue seize tobacco and cigarettes worth over €87,000 in Counties Louth and Dublin Yesterday (21/07/2022), as a result of routine profiling, Revenue officers seized 90kgs of ‘roll your own’ tobacco, with an estimated retail value of over €63,000, representing a potential loss to the Exchequer of approximately €49,000. The smuggled tobacco branded ‘Amber Leaf’ originated in Spain […]
Revenue eBrief No. 149/22 – Revenue Pensions Manual – updates to Chapters 7, 10, 12, 13, 16 and 24
Revenue eBrief No. 149/22 20 July 2022 Revenue Pensions Manual – updates to Chapters 7, 10, 12, 13, 16 and 24 A number of updates have been made to the Revenue Pensions Manual to reflect amendments in Finance Act 2021. The main changes are highlighted below. Chapter 7 – Lump sum benefits and commutation Paragraph […]
Revenue eBrief No. 148/22 – Guidance on the Residential Zoned Land Tax – Part 22A TCA 1997
Revenue eBrief No. 148/22 19 July 2022 Guidance on the Residential Zoned Land Tax – Part 22A TCA 1997 Revenue has published a new Tax and Duty Manual Part 22A-01-01 – Guidance on the Residential Zoned Land Tax – Part 22A TCA 1997. The Residential Zoned Land Tax (RZLT) is an annual tax, calculated at […]
Revenue eBrief No. 146/22 – Plant in leased buildings – treatment of leasing income and capital allowances
Revenue eBrief No. 146/22 19 July 2022 Plant in leased buildings – treatment of leasing income and capital allowances Tax and Duty Manual (TDM) Part 09-01-03 has been archived. Guidance on “Plant in leased buildings – treatment of leasing income and capital allowances” can be found in TDM Part 09-02-03.
Revenue seize herbal cannabis worth over €1.5 million at Rosslare Europort
Revenue seize herbal cannabis worth over €1.5 million at Rosslare Europort Yesterday (18/07/2022), as a result of routine profiling and with the assistance of An Garda Síochána, Revenue officers seized approximately 77kgs of herbal cannabis at Rosslare Europort. The drugs, with an estimated value of more than €1.5 million, were discovered when Revenue officers searched […]
