Revenue seize 864,000 cigarettes at Dublin Port
Revenue seize 864,000 cigarettes at Dublin Port Yesterday (07/09/2021), as a result of routine profiling, Revenue officers at Dublin Port seized 864,000 cigarettes with an estimated retail value of €613,000, representing a potential loss to the Exchequer of €483,000. The illegal cigarettes, branded ‘Marvel’, were discovered on board a vessel that had arrived into Ireland […]
Revenue eBrief No.170/21 – Guide to Capital Acquisitions Tax Compliance Interventions
Revenue eBrief No. 170/21 07 September 2021 Guide to Capital Acquisitions Tax Compliance Interventions The Tax and Duty Manual Guide to Capital Acquisitions Tax Compliance Interventions has been redrafted and restructured throughout to simplify the text. Some specific changes are detailed below. Paragraph 1.1 has updated wording on the definition of Discretionary Trust Tax. Paragraph 1.3 has […]
Revenue eBrief No.169/21 – Section 110 companies
Revenue eBrief No. 169/21 06 September 2021 Section 110 companies Tax and Duty Manual Part 04-09-01, which provides guidance on the tax treatment of qualifying companies under section 110, has been updated to provide: Clarifications in relation to Transfer Pricing rules Updates to reflect FA19 amendments in relation to the meaning of control, significant influence and the main […]
Revenue confirms eligible businesses can now register and make a claim for the Business Resumption Support Scheme
Revenue confirms eligible businesses can now register and make a claim for the Business Resumption Support Scheme On 1 June 2021, Minister Donohoe announced that a new additional support for businesses impacted by Covid-19 would become available in September 2021.The terms of the Business Resumption Support Scheme (BRSS) are set out in the Finance (Covid-19 […]
Revenue eBrief No.165/21 – Stamp duty: sections 31E (10% rate of duty) and 83E (refund scheme) and miscellaneous minor TDM amendments
Revenue eBrief No. 165/21 02 September 2021 Stamp duty: sections 31E (10% rate of duty) and 83E (refund scheme) and miscellaneous minor TDM amendments. Stamp Duty Tax & Duty Manuals (TDMs) have been published for the new sections 31E and 83E SDCA 1999 (introduced by the Finance (Covid-19 and Miscellaneous Provisions) Act 2021. A TDM has been […]
Revenue eBrief No.166/21 – Control of Waste Shipments
Revenue eBrief No. 166/21 02 September 2021 Control of Waste Shipments The Manual on the Control of Waste Shipments has been updated. The new version contains updated information on the documentation required and updated contact details.
Revenue eBrief No.162/21 – The Employers' Guide to PAYE
Revenue eBrief No. 162/21 26 August 2021 The Employers’ Guide to PAYE Tax and Duty Manual Part 42-04-35A -The Employers’ Guide to PAYE has been updated as follows: Paragraph 1.7: Guidance has been updated in relation to the criteria used to determine if an individual is an employee or self-employed. This reflects the new Code of Practice published […]
Revenue eBrief No.161/21 – Common Reporting Standard (DAC2-CRS) – Passive NFEs with Controlling Persons in Multiple Jurisdictions
Revenue eBrief No. 161/21 24 August 2021 Common Reporting Standard (DAC2-CRS) – Passive NFEs with Controlling Persons in Multiple Jurisdictions Tax and Duty Manual Part 38-03-26 – Filing Guidelines for DAC2: Common Reporting Standard (CRS) – has been updated with guidance for Financial Institutions who are reporting Controlling Persons of Passive NFEs, when the Controlling Persons are […]
Revenue seized 320,000 cigarettes at Rosslare Europort
Revenue seized 320,000 cigarettes at Rosslare Europort On Saturday (21/08/2021), as a result of routine profiling, Revenue officers at Rosslare Europort seized 320,000 cigarettes when they stopped and searched a German registered van that had disembarked a ferry from Cherbourg, France. The illegal cigarettes branded ‘Marlboro’ have a retail value of almost €230,000, representing a […]
Revenue eBrief No.160/21 – Charities and sports bodies on-line applications for tax exemption
Revenue eBrief No. 160/21 20 August 2021 Charities and sports bodies on-line applications for tax exemption Tax and Duty Manual Part 07-01-07 has been updated: in paragraph 6.1 to provide details of the Revenue clauses to be included in the constitutions of applicant sports bodies in paragraph 6.3 to provide reference templates for model constitutions to assist sports bodies […]
