Latest Irish Tax News
The ITAS Accounting blog brings you the latest Irish tax news and finance news, including the latest Revenue updates, amendments to legislation, tax deadline reminders, tax tips, business tips and more.

Rent Credit for Unregistered Tenancies
The new rent tax credit of €500 that was introduced in December 2022, could be left unclaimed by thousands of tenants unable to claim due to their landlords not being registered with the Residential Tenancies Board (RTB). The legislation states that the tenancy must...
Cost of Living Increases – Deadlines Extended for Businesses
The Government have announced further deadline extensions for businesses to support them with the cost of living increases. 9% Reduced VAT Rate The 9% rate applies to supplies of goods and services in the tourism and hospitality sector and also includes cinema...
Temporary Business Energy Support Scheme (TBESS) Claim Extension
Revenue have issued an update on the TBESS scheme. The scheme which covers the cost of gas and electricity between the period 1 September 2022 to 28 February 2023 for businesses has now an extended deadline. Claims for an electricity or natural gas bill should be made...
New Rent Tax Credit
From 2022, Ireland will introduce a new rent tax credit, which will help to reduce the burden of rising rental costs for tenants. This credit will be available to both private and social tenants, and will be based on the rent paid over a 12-month period. The amount of...
Temporary Business Energy Support Scheme (TBESS)
Revenue have now issued guidelines on businesses registering and applying for the Temporary Business Energy Support Scheme. Features of Scheme The scheme will cover costs of gas and electricity between the period 1 September 2022 to 28 February 2023. Businesses can...
Capital Gains Tax Deadline – 15th December 2022
If you dispose or transfer taxable assets between 1st January 2022 and 30th November 2022, you will need to pay capital gains tax on any gains by 15th December 2022. Your 2022 Tax Return will be due to be filed by 31st Oct 2023 either through F11, F12 or CG1 depending...
2018 PAYE refunds to be claimed before 31 December Deadline
As you may be aware, there is a four-year time limit on claiming tax back on for example; medical expenses, tuition fees and for claiming tax credits/reliefs on for example, home carer’s credit. If you have a claim for 2018, you need to submit this by 31st December....
Debt Warehousing Further Extension
Revenue have announced on 17th October 2022, that they will extend the debt warehousing scheme further to 1st May 2024. Under the scheme, businesses entered into a phased payment agreement with Revenue to repay any outstanding debt due by the end of 2022. Due to the...
Temporary Business Energy Support Scheme
The new Temporary Business Energy Support Scheme (TBESS) was announced this week in Budget 2023. So what is it? With the recent rising costs of energy bills, the aim of the scheme is to provide financial support to businesses and will be administered by the Revenue...
Budget 2023
Amendment to Company Vehicle BIK Rules
From 1 January 2023, a new method of calculating Benefit in Kind (BIK) due on company cars will come into effect. So, what is Benefit in Kind (BIK)? BIK is any non-cash benefit of monetary value that you provide for your employee. These benefits can also be referred...