Month: December 2019

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PAYE Modernisation (P60 Replacement)

PAYE Modernisation

Since the start of 2019, your income and statutory deductions are submitted to Revenue each time you are paid.

Under PAYE Modernisation, employers no longer provide a Form P60. Instead, from January 2020 you will be able to view, download or print an Employment Detail Summary for 2019 under ‘Review your tax 2016−2019’ in the ‘PAYE Services’ on myAccount.

This Summary will contain your income and deductions details for 2019, as reported to Revenue by your employer. The information can be used in the same manner as the Form P60, for example, as proof of your income to a third party. To access your 2019 Summary of Income you must register for Revenue’s myAccount.

Using myAccount

To register for myAccount,

  • go to www.revenue.ie
  • click on ‘Register for myAccount’
  • Click on ‘Start Registration’

You will need your;

  • Personal Public Service Number (PPSN)
  • date of birth
  • phone number (mobile or landline)
  • email address
  • home address

Why not read more on PAYE Modernisation here

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Flat Rate Expenses ‘U-Turn’

As reported in the independent.ie on 05th December, it appears the Government are about to do a U-turn on abolishing or reducing flat rate expenses for nearly 600,000 employees

Flat rate expenses are to cover work-related expenses and as we previously advised, Revenue had undertaken a review of these to be withdrawn from 1st January 2020.

It seems due to ongoing pressure and opposition from various trade unions this will now been postponed until 01st January 2021.

A Department of Finance spokesperson said, “work is ongoing on this matter”.

“Minister Donohoe will be in a position to make a statement in respect of this in due course,” they said.

We hope to have further details soon…

Get up to date and catch up on our previous blog here!

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